Bitcoin and XRP: Bulls defy the sell-off

Bitcoin is still in the range that has already been mentioned several times. Due to the strong imbalance caused by the Grayscale news, investors still have to expect a sell-off. The Vectorcandle at $26,000 once again confirms the smaller sell-off that Bitcoin investors could face. Apart from Bitocin, the crypto market is also exciting. An upward trend can be seen with Ripple (XRP), which withstood the sell-off of the news event. It can be assumed that XRP can once again hold the current support. But be careful: If the Bitcoin price pulls down, this will also affect the Altcoin market. Meanwhile, for Bitcoin, the support and resistance levels are the same as yesterday.

Bitcoin price: The important price levels

Support Level: $26,000 to $26,200

Resistance Level: $28,000

All important information about the Bitcoin course in the video:

Over

Bastian Keller has been operating independently in the forex market since 2015 and has been a full-time trader in the crypto market since 2018. He actively shares this expertise on various social media platforms, most notably on his YouTube channel “Bitbull Trading”, which has more than 36,500 subscribers.

In addition to his YouTube channel, he has already built a community with more than 4,000 active members. This offers both beginners and experienced traders the opportunity to improve their skills to a professional level. The focus is on long-term profitable action on the market, regardless of your location.

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