Bitcoin and Top Cryptos: Price Analysis and Market Outlook

1 min read
Source: Cointelegraph
Bitcoin and Top Cryptos: Price Analysis and Market Outlook
Photo: Cointelegraph
TL;DR Summary

Bitcoin is hovering near its critical overhead resistance at $31,000, while gold has risen close to its all-time high, indicating that Bitcoin is currently behaving as a safe-haven asset. Ethereum has broken out of the symmetrical triangle pattern and could rise to $2,000 and then attempt a rally to $2,200. Binance Coin is witnessing a tough battle between the bulls and the bears near the support line of the symmetrical triangle pattern. XRP is in a state of indecision, with the bears having a slight edge. Cardano is aggressively defending the support near $0.37.

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