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According to CoinStats, some coins have returned to the red zone today.
BTC/USD
Bitcoin (BTC) rate has fallen by 0.27% in the past 24 hours.
On the hourly chart, BTC price has rebounded from the local support level at $68,085. If the daily closes far away from there, the rally could continue to $68,500 by tomorrow.
Looking at the larger time frame, buyers remain stronger than sellers while the rate remains above $67,922. However, it may take more time for buyers to gain the energy to take further action.
related
In this case, a more likely scenario is trading sideways in the $68,000 to $69,000 zone.
From a medium-term perspective, BTC price is on its way to the resistance level at $73,794. If a breakout occurs, we can expect an explosion that will push prices to new all-time highs.
At the time of writing, Bitcoin is trading at $68,293.
