Bitcoin price holds $26K as MKR, AAVE, RUNE and RNDR flash bullish signals

Cointelegraph
Cointelegraph

17 Sep 2023 7:34 PM

A handful of altcoins are showing bullish technical setups while Bitcoin price holds the $26,000 level. ...

  • Bitcoin (BTC) is showing signs of a positive recovery after forming successive Doji candlestick patterns on the weekly chart.
  • The Federal Open Market Committee meeting on Sep. 20 could impact volatility in the market.
  • Altcoins are seeing buying interest due to Bitcoin's recovery, but Bitcoin needs to maintain above $26,500 for altcoins to continue their upward trajectory.
  • The charts of the top 5 cryptocurrencies showing promise in the near term are analyzed.

The article has an overall positive sentiment, highlighting the potential for Bitcoin's recovery and the buying interest in altcoins.

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What could boost volatility in the market?What level does Bitcoin need to maintain for altcoins to continue their upward trajectory?Which cryptocurrencies are showing promise in the near term?What is the sentiment of the article towards Bitcoin's recovery and altcoins?

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