Bitcoin price experienced a massive surge in buying pressure that propelled it close to a crucial area of supply. Clearly, there is enough room for upside for BTC, suggesting that Ethereum and Ripple are likely to follow its lead.
Bitcoin price action on Tuesday capitalized on Monday’s massive rally, extending the bullish momentum for a bullish close near 3%. However, as BTC approached $45,500, sellers stepped in and halted any further momentum.
Dogecoin price has moved over 13% higher from Monday’s open but was halted against a strong Ichimoku resistance level. Despite the rejection, DOGE is still up nearly 10% from the Monday open. But that gain may be at risk of being lost.
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