Bitcoin (BTC) tested $ 47,000 on Sunday when it was revealed that the weekly close would be associated with a break in CME futures.
1-hour BTC / USD candlestick chart (Bitstamp). Source: TradingView
Bitcoin goes back to normal after removing winnings
Cointelegraph Markets Pro and TradingView data showed mixed signals from BTC / USD towards the end of the week.
There was a stronger rally on Saturday from the pair, which later abandoned distance behavior due to a lack of clear direction.
“There’s a lot going on in the markets,” explained Michael van de Poppe of Cointelegraph.
“Bitcoin rallied slightly on Saturday, returning to the CME nearby on Sunday. CME closed at $ 47,490 on Friday and looks like we will open there later today. ”
As such, the closing price of bitcoin futures could end in a week that were cautiously optimistic for scammers as last week’s proximity approached $ 46,000.
Meanwhile, a look at the buy and sell levels on the main exchange, Binance, revealed strong resistance at $ 49,000, which only increased in sincerity over the weekend. However, purchase support is still $ 44,000.
BTC / USD (Binance) buy and sell levels as of September 19. Source: material indicators.
Theatrical Altcoin Counterfeits Go To Close Of The Week
It was an equally boring day for digital currencies, with the top 10 cryptocurrencies mimicking Bitcoin’s daily losses by nearly 2.5%.
Related: Bitcoin Next Stop At $ 85k As Analysts Predict Q4 Bitcoin Price Explosion
Ethereum (ETH) has dropped a little more and has hit $ 3,350 at the time of writing – almost 2% lower than the position at the same time a week ago.
ETH / USD (Bitstamp) 1-day candle. Source: TradingView
However, as reported by Cointelegraph, several icons displayed bullish flags throughout the week, including Solana (SOL).