The recent weakness in the dollar is giving Bitcoin some momentum to possibly test multi-year highs.
Bitcoin’s strength above the $11,500 multi-year resistance is also pulling many altcoin prices higher.
Cronje may have gone silent on Twitter, but it hasn’t stopped people from trying to sue him for the EMN hack.
Bitcoin and select altcoins have broken out of their bullish setups, hinting that further upside could occur through the weekend.
Bitcoin price rallied close to $11,000 after Square announced a $50 million BTC purchase.
Receding volume and sideways price action signal that Bitcoin price volatility will increase soon.
Traders are attempting to kickstart a new trending move in Bitcoin and altcoins by attacking overhead resistance levels.
Bitcoin could consolidate for a few more days but select altcoins have formed reversal patterns that may lead to a trending move.
Traders expect a slow Q4 for Bitcoin and altcoins, especially as BTC’s dominance rate begins to climb higher.
Physical crypto events come back, but with a set of strict COVID-19 measures.