- At press time, BTC was trading at $36,353.79 after its price was able to slightly climb by 0.02%.
- Should BTC enter into a strong move towards the upside in the next few days, then it may attempt to challenge $37,500.
- A negative breakout could lead to BTC’s price falling below $35,600.
While the global cryptocurrency market cap slipped by 1.02% over the past 24 hours, the market leader, Bitcoin (BTC) was able to secure a slight 0.02% increase in its price. BTC’s dominance also rose by 0.67% throughout the past day. At press time, BTC was worth $36,353.79 after it was able to reach a 24-hour high of $36,704.48.
Meanwhile, the token’s 24-hour trading volume suffered a more than 22% knock, which left it standing at around $20.06 billion. BTC’s market cap also ended up settling at $710.58 after its small 24-hour jump.
However, over the past week of trading, BTC’s price dipped by 2.64%. Despite the lacklustre 24-hour performance, BTC’s recent success was still very evident in the fact that its weekly performance was in the green by over 28%.
4-hour chart for BTC/USDT (Source: TradingView)
BTC attempted to break above the $37,500 resistance over …
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