Weekend sees BTC battling $4,000 while alts turn green again

09 Mar, 2019
Analysis
Weekend sees BTC battling $4,000 while alts turn green again

Bitcoin continues to do battle with the $4,000 resistance while most alts are back in the green. 

Bitcoin continues to fight the $4,000 resistance, unable to break past the benchmark while most of the top 10 see green on Saturday.

Image from Gyazo

 Read more: ETH vs TRON: What's the beef between Vitalik and Justin Sun about?

Binance Coin, Bitcoin Cash and Litecoin all see over 3% gains while the other top 10 see smaller moves. Majority of the top 100 coins see growth on Saturday with Project Pai (PAI) soaring a staggering 60% with several other projects including Wanchain (WAN) Kyber Network (KNC) and Bancor (BNT) all climbing over 20%

Image from Gyazo

The overall market capitalization remained strong at $134 billion, with altcoins currency popping off, it appears that the bullish sentiment could continue over until next week. If Bitcoin can push over $4,000 that would ultimately bring in new bullish sentiment, pushing the market higher. Bitcoins dominance has gradually declined by roughly 1% over the course of the past several days as altcoins continue to see bigger gains.

 Read more: 5 reasons it's not too late to get into crypto

Next week all eyes will be on BTC and the potential retest and breakout of $4,000 or the decline and drop below that price.

Follow Chepicap now on Twitter, YouTubeTelegram and Facebook!

Chepicap is here for you 24/7 to keep you informed on everything crypto. Like what we do? Tip us some Satoshi with the exciting new Lightning Network Tippin.me tool!

 

Read more: How to tip and receive Bitcoin via the Lightning Network with Tippin.me

Read more about: Bitcoin (BTC)

Poll

What will BTC see next?

(18 votes)

Add a comment

Check out the latest news

You will be logged out and redirected to the homepage