Top Cryptos Still Holding Strong!

It’s been quite a volatile week for cryptos. Bitcoin saw a significant correction which started on September 6th. We went from 53,000 to briefly below 40,000 in just two weeks. That’s a 25% correction. We also saw another move from China to make cryptocurrency transactions illegal. This may seem like a big deal, which It is, however, this seems to be something the market has expected. This is evident by the fact that the price failed to set a new weekly low on the announcement of this news. We’re still holding support, for bitcoin that’s around 40,000. As long as we hold this critical support, we’re looking quite neutral.

Chart: Bitcoin

Chart: Ethereum

Chart: Cardano

Chart: Polkadot

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