Last night, the bitcoin (BTC) price fell just below $ 6,000. From that price area, however, BTC was able to recover again and even break through some resistance levels. In addition, at the time of writing, the altcoins also turn green!
On the night of March 29-30, bitcoin reached a low of $ 5,853 on cryptocurrency exchange Coinbase. From here, however, the course could recover strongly. During the day, bitcoin broke through the resistance at $ 6,200 to break the $ 6,400 again late last night.
Further gains have since failed to materialize with BTC now hitting lower highs on the hourly chart and already testing support at $ 6,400 twice. The latter price level therefore remains one of the most important price levels to keep an eye on at the moment.
At the time of writing, bitcoin’s price is $ 6,473 on Coinbase. So the next support is at $ 6,400. Should bitcoin fall through this again, the following support may lie at $ 6,200. In a situation where bitcoin continues to rise, the USD 6,600 price level may be the next obstacle. Here the race encountered resistance for the first time last night. Buy Bitcoin (BTC) now? Surf to the Dutch Bitvavo and trade the first € 1,000 without trading costs!
Ethereum (ETH), ripple (XRP) and bitcoin cash (BCH) in green
In addition to bitcoin, which is over 4% in the plus according to CoinMarketCap, the altcoins are also showing increases at the moment. For example, ethereum (ETH) is close to 2% plus the largest altcoin currently worth $ 132.60.
Ripple’s XRP (XRP) rose 1.5% in the past 24 hours and is now worth $ 0.1726. Bitcoin cash (BCH) ranks fifth on market capitalization with an increase in value of 2.7%. This puts BCH at a value of $ 219.2. The biggest climber of the top 10 at the moment is its big rival, bitcoin SV (BSV). BSV shows an increase of 6.8% and is worth $ 165.40.