Price analysis 12/4: SPX, DXY, BTC, ETH, BNB, XRP, SOL, ADA, DOGE, LINK
Altcoins show compelling technical setups after Bitcoin price blew past $42,000 on December 4.
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Altcoins show compelling technical setups after Bitcoin price blew past $42,000 on December 4.
Bitcoin price hit a new 2023 high on Dec.1 and multiple altcoins are following suit. Is the crypto market preparing for a Santa Claus rally?
Bitcoin is struggling to sustain above $38,000, but the bulls have not given up much ground, which some analysts say increases the chance of a rally to $40,000.
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Bitcoin is witnessing profit-booking near $38,000, but the correction is likely to be shallow as lower levels are likely to attract buyers.
Bitcoin has risen above $38,000, clearing the path for a rally higher. Will altcoins follow?
The sharp rebound in Bitcoin and select altcoins suggests that bulls remain in charge and continue to buy at lower levels.
The weakness in the U.S. Dollar Index suggests that risky assets such as Bitcoin and the S&P 500 Index may remain in favor with the buyers.
Bitcoin price range trades as SOL, LINK, NEAR and THETA play catch up.