Bitcoin is slowly crawling its way toward $4,000, up 0.99% to $3,924 at time of publishing. The crypto market at large is mixed, with Ethereum up 0.21% at $137.14 and XRP down 0.57% at $0.3140.
Twitter’s The Crypto Dog dropped a cheat sheet outlining some bullish news in the crypto space, calling out Fidelity’s crypto custody platform, Bakkt’s plan to bring Bitcoin to Starbucks and Jack Dorsey’s BTC buying habits as cause for optimism.
https://twitter.com/TheCryptoDog/status/1103449073724592134
Twitter’s planB is comparing Bitcoin’s recent price action and low volatility to the start of 2015’s bull market.
https://twitter.com/100trillionUSD/status/1103988093793783809
SalsaTekila, however, told his 18,000 followers he’s decidedly more bearish in the near term.
https://twitter.com/SalsaTekila/status/1103400943671013384
Overall, technical analysts remain bullish on Bitcoin as the weekend approaches, with XRP and Ethereum at a crucial crossroads.
Bitcoin
CoinDesk – Bitcoin struggles to pass price hurdle but bull outlook intact
NewsBTC – Bullish break above $4,000 looming
Blockonomi – Next resistance is near $4,025
Ethereum
Coinnounce – If support around $134 is broken, price could turn bearish
FXStreet – ETH/USD heading into a pivotal trend defining zone
ETHNews – Currently consolidating below the $140.00 resistance
XRP
FXStreet – XRP/USD defends $0.31 support; more breakdown looms
CoinCodex – Flood gates may open if ripple breaks above $0.33
NewsBTC – XRP at major crossroads but 100 SMA holds key
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