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Bitcoin Price and Ethereum Halt Downtrend; Can BTC Rally to $17,500 Today?

Bitcoin, the leading cryptocurrency, finally found support near the $16,900 level on December 7, which is being extended by an upward trendline. The second-most valuable cryptocurrency, Ethereum, is also supported above...

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Bitcoin Price and Ethereum Halt Downtrend; Can BTC Rally to $17,500 Today?
Bitcoin, the leading cryptocurrency, finally found support near the $16,900 level on December 7, which is being extended by an upward trendline. The second-most valuable cryptocurrency, Ethereum, is also supported above $1,240, a level that is extended by a double-bottom pattern visible in the 2-hour timeframe.
Major cryptocurrencies traded in a mixed bag early on December 7, with the global crypto market capitalization falling 0.02% to $855.67 billion on the previous day. ...
Read More: Bitcoin Price and Ethereum Halt Downtrend; Can BTC Rally to $17,500 Today?

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This ethereum story adds another data point to the current market tape and is useful when read alongside nearby source coverage.

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