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Bitcoin Dips While Altcoins Gain Bullish Momentum
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Bitcoin price failed to surpass the USD 57,000 resistance zone. BTC corrected lower below USD 56,000 and USD 55,000. It is currently (11:30 UTC) trading below USD 55,000, but it might find bids near the USD 54,000 and USD 53,500 levels.
Besides, most major altcoins are stuck in a range. ETH is facing resistance near USD 3,500 and USD 3,550. XRP is struggling to clear the USD 1.12 resistance zone. ADA could revisit USD 2.05 if it stays below USD 2.15.
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After another failed attempt above USD 57,000, bitcoin price started a fresh downside correction. BTC declined below the USD 56,000 and USD 55,500 levels. The price even declined below the USD 55,000 support and it might continue to move down towards USD 54,000. The
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