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Bitcoin and Altcoins Surging, Market Gathering Bullish Momentum

#1
February 06, 2020

Bitcoin price regained strength and climbed above the USD 9,650 resistance.Ethereum surged above the USD 200 barrier and XRP settled above USD 0.280.XEM, BCH, NEXO, BCH, and HBAR are up more than 12% today.

After forming a strong support base above USD 9,200, bitcoin price started a fresh increase above USD 9,350. BTC/USD gained bullish momentum and surpassed the USD 9,550 and USD 9,650 resistance levels. The price traded close to USD 9,750 and it is currently (09:00 UTC) showing positive signs.

Also, there were strong gains in most major altcoins, including ethereum, XRP, litecoin, bitcoin cash, BNB, EOS, TRX, ADA, and XLM. ETH/USD rallied more than 10% and broke the USD 200 resistance area. On the other hand, XRP/USD is consolidating gains above USD 0.280, but it could rally towards USD 0.300. 

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Bitcoin and Altcoins Surging, Market Gathering Bullish Momentum

By Aayush Jindal

February 06, 2020

Bitcoin price regained strength and climbed above the USD 9,650 resistance.Ethereum surged above the USD 200 barrier and XRP settled above USD 0.280.XEM, BCH, NEXO, BCH, and HBAR are up more than 12% today.

After forming a strong support base above USD 9,200, bitcoin price started a fresh increase above USD 9,350. BTC/USD gained bullish momentum
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