Technical charts show Bitcoin and altcoins on the verge of a bullish trend reversal, but Bitcoin’s resistance at $69,000 could cap the current upward momentum.
As the US market opened on Monday, a wave of selling swept across Bitcoin and altcoins. This was driven by investor apprehension over the recent surge in oil prices, the
Bitcoin and select major altcoins have turned down sharply, indicating that the bears are trying to take charge of the market.