Arbitrum

Bitcoin

Resistance

Time

Trillion

<ul class="news-points"> 
 <li>Altcoin Marketcap shows resilience above $700B, eyeing $1.2T resistance amid volatile crypto trends.</li> 
 <li>Bitcoin drops to $43,173, losing recent gains, but maintains high trading volume, signaling active market interest.</li> 
 <li>Arbitrum bucks market downtrend, rising 0.59% in 24 hours with a 23% weekly increase, showing potential growth amidst overall crypto dip.</li> 
</ul> 
Altcoin Marketcap is retesting its High Time Frame (HTF) support levels following a strong pullback. As highlighted by “Mags”, a prominent blockchain figure on X, the market is remarkably maintaining a robust position above the $700 billion mark. This lays the groundwork for a potential surge toward the next key resistance point at the $1.2 trillion mark. 
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 <a href="https://twitter.com/hashtag/Altcoin?src=hash&amp;ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">#Altcoin</a> The recent pullback in the Altcoin Marketcap appears to be a re-test of the HTF support. The price is holding nicely above $700 billion, next important resistance is near $1.2 trillion. <img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f680.png" alt="🚀" class="wp-smiley" style="height: 1em; max-height: 1em;"> <a href="https://t.co/uc2X4o1pG6" target="_blank" rel="nofollow">pic.twitter.com/uc2X4o1pG6</a>— Mags (@thescalpingpro) <a href="https://twitter.com/thescalpingpro/status/1742810594666000645?ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">January 4, 2024</a>
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Bitcoin briefly surpassed $45,000 earlier this week. However, it has since dipped to<a href="https://www.coingecko.com/en/coins/bitcoin" target="_blank" rel="nofollow"> $43,173</a>, a 2.30% decline over the last 24 hours, as per data from Coingecko.&nbsp; 
This fall positions <a href="https://coinedition.com/bitcoin-btc-price-prediction/">Bitco…</a>
The post <a href="https://coinedition.com/ethereum-bitcoin-decline-as-altcoin-marketcap-eyes-1-2-trillion-resistance/">Ethereum, Bitcoin Decline as Altcoin Marketcap Eyes $1.2 Trillion Resistance</a> appeared first on <a href="https://coinedition.com">Coin Edition</a>.

Ethereum, Bitcoin Decline as Altcoin Marketcap Eyes $1.2 Trillion Resistance

Coin Edition

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