Altcoins rise as Bitcoin price meets resistance near $ 35,000
On Jan 12 (BTC), the price recovered slightly as the price tried to re-enter the $ 37,000 range, but at the time of writing, rising sales are pushing the price towards the $ 32,000 mark. . While the bearish price action may have rattled newer investors unfamiliar with Bitcoin’s volatility, the recent 28% drop doesn’t even place it on the list of the 5 worst BTC pullbacks in history. In fact, today’s 20% bounce marked one of Bitcoin’s biggest one-day bounces. Daily performance of the cryptocurrency market. Source: Coin360 1-hour chart. Source: TradingView daily chart. Source: Coin360 Continue reading on Coin Telegraph
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