Hi Readers, welcome to cryptocurrency price analysis for the week. Do not forget to check movers and shakers for this week at the last of the article.
The Bitcoin had a funny week as the coin moved sharply on both sides of USD 4000. The good thing about Bitcoin is that it still hols itself in a range between USD 3600 to USD 4200. The prices hit the high point of USD 4,109.02 and the lowest point of USD 3,653.07 during the week.
The exchanges that were more active, in volumes, with BTC across various pairs this week were, BitMex (9.20%), CoinBit (5.64%) and CoinBene (4.40%)
Among prominent news around Bitcoin, Josh Rager, a crypto trader, and investor tweeted saying “As the volume continues to slowly descend Bitcoin could see more sideways ranging This could last for days or weeks until a decrease in buyers, currently holding up the market, at these levels. Nice support below $3,000 with lots of buyers waiting there.”
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