According to CoinStats, the prices of the top 10 coins remain in the red zone.
Bitcoin/USD
The Bitcoin (BTC) rate has decreased by 1.93% over the past 24 hours.
On the hourly chart, BTC price is rising after a false breakout of the local support level at $60,703. If the daily candle closes near resistance, the upward move is likely to continue to the $62,400 range.
On a larger timeframe, it is too early to think about a quick reversal. In the meantime, it’s worth paying attention to the critical zone of $60,000.
If it breaks out, the accumulated energy could be enough to test the $59,000 mark soon.
In the medium term, the rate of the main cryptocurrency is far from key levels. In this case, there is little chance of expecting sudden movements in the near future. This statement is confirmed by the falling volume.
At the time of publication, Bitcoin is trading at $61,222.
