Warning: Undefined array key 1 in Drupal\cryptocompare\TwigExtension\RemoveSpace::getcard() (line 3183 of modules/custom/cryptocompare/src/TwigExtension/RemoveSpace.php). Drupal\cryptocompare\TwigExtension\RemoveSpace::getcard('The cryptocurrency market has slightly recovered after yesterday's drop, however, not all coins are in the green zone. XRP is the main loser, falling by 3%.
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<a rel="nofollow" target="_blank" href="https://coinmarketcap.com/">Top 10 coins by CoinMarketCap</a>
The total market capitalization has been affected by the drop and its index has dropped by around $20 billion.
<a rel="nofollow" target="_blank" href="https://coinmarketcap.com/charts/">Cryptocurrency market capitalization</a>
The relevant data for Bitcoin today:
<ul>
<li aria-level="1" dir="ltr">
Name: Bitcoin
</li>
<li aria-level="1" dir="ltr">
Ticker: BTC
</li>
<li aria-level="1" dir="ltr">
Market Cap: $596,604,774,871
</li>
<li aria-level="1" dir="ltr">
Price: $32,245.59
</li>
<li aria-level="1" dir="ltr">
Volume (24h): $89,237,999,865
</li>
<li aria-level="1" dir="ltr">
Change (24h): 1.32%
</li>
</ul>
The data is relevant at press time.
BTC/USD: Is yesterday's drop the last one before $50,000?
Yesterday morning, the Bitcoin (BTC) price rolled back to the support at $34,000, but this level could not stop the onslaught of bears. In the afternoon, the pair were already testing the support at $32,600.
<a rel="dofollow" href="https://www.tradingview.com/symbols/BTCUSD">BTC/USD chart by TradingView</a>
In the afternoon, sellers broke below $32,000, and tonight a strong bearish momentum pierced the psychological level of $30,00, setting a local low around $29,760.
<a rel="nofollow" target="_blank" href="#-eth-and-xrp-price-analysis-for-january-20">card</a>
This morning the pair has recovered above the psychological level of $30,000, and if buyers can gain a foothold above this level, consolidation is possible in a sideways range with resistance at $32,600. However, if sales volumes continue to grow, then the pullback will reach the level of $28,000.
<a rel="dofollow" href="https://www.tradingview.com/symbols/BTCUSD">BTC/USD chart by TradingView</a>
On the 4H chart, Bitcoin (BTC) is likely to restest the local resistance at $33,770 as part of a correction move. Thus, there is a high concentration of liquidity there.
<a rel="dofollow" href="https://www.tradingview.com/symbols/BTCUSD">BTC/USD chart by TradingView</a>
On the daily time frame, a further decline is still possible as the area where most of the volume is focused ($23,000-$26,000) has not been tested yet. Moreover, the lines of the MACD indicator are in the red zone, which confirms the local bearish trend.
Bitcoin is trading at $32,395 at press time.
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Drupal\cryptocompare\TwigExtension\RemoveSpace->formatbody(Array) (Line: 54)
__TwigTemplate_75845256f703f5319a38e035b4af7dd9->doDisplay(Array, Array) (Line: 394)
Twig\Template->displayWithErrorHandling(Array, Array) (Line: 367)
Twig\Template->display(Array) (Line: 379)
Twig\Template->render(Array, Array) (Line: 40)
Twig\TemplateWrapper->render(Array) (Line: 53)
twig_render_template('themes/cryptod/templates/field--body.html.twig', Array) (Line: 372)
Drupal\Core\Theme\ThemeManager->render('field', Array) (Line: 436)
Drupal\Core\Render\Renderer->doRender(Array, ) (Line: 204)
Drupal\Core\Render\Renderer->render(Array) (Line: 474)
Drupal\Core\Template\TwigExtension->escapeFilter(Object, Array, 'html', NULL, 1) (Line: 1002)
__TwigTemplate_625426e732c5f7a66fde6d628d98a6b2->doDisplay(Array, Array) (Line: 394)
Twig\Template->displayWithErrorHandling(Array, Array) (Line: 367)
Twig\Template->display(Array) (Line: 62)
__TwigTemplate_e934e56c1e459c359b150360c7169113->doDisplay(Array, Array) (Line: 394)
Twig\Template->displayWithErrorHandling(Array, Array) (Line: 367)
Twig\Template->display(Array) (Line: 379)
Twig\Template->render(Array, Array) (Line: 40)
Twig\TemplateWrapper->render(Array) (Line: 53)
twig_render_template('themes/cryptod/templates/node.html.twig', Array) (Line: 372)
Drupal\Core\Theme\ThemeManager->render('node', Array) (Line: 436)
Drupal\Core\Render\Renderer->doRender(Array, ) (Line: 204)
Drupal\Core\Render\Renderer->render(Array, ) (Line: 238)
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Drupal\Core\Render\Renderer->executeInRenderContext(Object, Object) (Line: 239)
Drupal\Core\Render\MainContent\HtmlRenderer->prepare(Array, Object, Object) (Line: 128)
Drupal\Core\Render\MainContent\HtmlRenderer->renderResponse(Array, Object, Object) (Line: 90)
Drupal\Core\EventSubscriber\MainContentViewSubscriber->onViewRenderArray(Object, 'kernel.view', Object)
call_user_func(Array, Object, 'kernel.view', Object) (Line: 111)
Drupal\Component\EventDispatcher\ContainerAwareEventDispatcher->dispatch(Object, 'kernel.view') (Line: 187)
Symfony\Component\HttpKernel\HttpKernel->handleRaw(Object, 1) (Line: 76)
Symfony\Component\HttpKernel\HttpKernel->handle(Object, 1, 1) (Line: 58)
Drupal\Core\StackMiddleware\Session->handle(Object, 1, 1) (Line: 48)
Drupal\Core\StackMiddleware\KernelPreHandle->handle(Object, 1, 1) (Line: 191)
Drupal\page_cache\StackMiddleware\PageCache->fetch(Object, 1, 1) (Line: 128)
Drupal\page_cache\StackMiddleware\PageCache->lookup(Object, 1, 1) (Line: 82)
Drupal\page_cache\StackMiddleware\PageCache->handle(Object, 1, 1) (Line: 48)
Drupal\Core\StackMiddleware\ReverseProxyMiddleware->handle(Object, 1, 1) (Line: 51)
Drupal\Core\StackMiddleware\NegotiationMiddleware->handle(Object, 1, 1) (Line: 51)
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Warning: Undefined array key 1 in Drupal\cryptocompare\TwigExtension\RemoveSpace::getcard() (line 3186 of modules/custom/cryptocompare/src/TwigExtension/RemoveSpace.php). Drupal\cryptocompare\TwigExtension\RemoveSpace::getcard('The cryptocurrency market has slightly recovered after yesterday's drop, however, not all coins are in the green zone. XRP is the main loser, falling by 3%.
Advertisement
<a rel="nofollow" target="_blank" href="https://coinmarketcap.com/">Top 10 coins by CoinMarketCap</a>
The total market capitalization has been affected by the drop and its index has dropped by around $20 billion.
<a rel="nofollow" target="_blank" href="https://coinmarketcap.com/charts/">Cryptocurrency market capitalization</a>
The relevant data for Bitcoin today:
<ul>
<li aria-level="1" dir="ltr">
Name: Bitcoin
</li>
<li aria-level="1" dir="ltr">
Ticker: BTC
</li>
<li aria-level="1" dir="ltr">
Market Cap: $596,604,774,871
</li>
<li aria-level="1" dir="ltr">
Price: $32,245.59
</li>
<li aria-level="1" dir="ltr">
Volume (24h): $89,237,999,865
</li>
<li aria-level="1" dir="ltr">
Change (24h): 1.32%
</li>
</ul>
The data is relevant at press time.
BTC/USD: Is yesterday's drop the last one before $50,000?
Yesterday morning, the Bitcoin (BTC) price rolled back to the support at $34,000, but this level could not stop the onslaught of bears. In the afternoon, the pair were already testing the support at $32,600.
<a rel="dofollow" href="https://www.tradingview.com/symbols/BTCUSD">BTC/USD chart by TradingView</a>
In the afternoon, sellers broke below $32,000, and tonight a strong bearish momentum pierced the psychological level of $30,00, setting a local low around $29,760.
<a rel="nofollow" target="_blank" href="#-eth-and-xrp-price-analysis-for-january-20">card</a>
This morning the pair has recovered above the psychological level of $30,000, and if buyers can gain a foothold above this level, consolidation is possible in a sideways range with resistance at $32,600. However, if sales volumes continue to grow, then the pullback will reach the level of $28,000.
<a rel="dofollow" href="https://www.tradingview.com/symbols/BTCUSD">BTC/USD chart by TradingView</a>
On the 4H chart, Bitcoin (BTC) is likely to restest the local resistance at $33,770 as part of a correction move. Thus, there is a high concentration of liquidity there.
<a rel="dofollow" href="https://www.tradingview.com/symbols/BTCUSD">BTC/USD chart by TradingView</a>
On the daily time frame, a further decline is still possible as the area where most of the volume is focused ($23,000-$26,000) has not been tested yet. Moreover, the lines of the MACD indicator are in the red zone, which confirms the local bearish trend.
Bitcoin is trading at $32,395 at press time.
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Twig\Template->displayWithErrorHandling(Array, Array) (Line: 367)
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Twig\Template->render(Array, Array) (Line: 40)
Twig\TemplateWrapper->render(Array) (Line: 53)
twig_render_template('themes/cryptod/templates/field--body.html.twig', Array) (Line: 372)
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Drupal\Core\Render\Renderer->doRender(Array, ) (Line: 204)
Drupal\Core\Render\Renderer->render(Array) (Line: 474)
Drupal\Core\Template\TwigExtension->escapeFilter(Object, Array, 'html', NULL, 1) (Line: 1002)
__TwigTemplate_625426e732c5f7a66fde6d628d98a6b2->doDisplay(Array, Array) (Line: 394)
Twig\Template->displayWithErrorHandling(Array, Array) (Line: 367)
Twig\Template->display(Array) (Line: 62)
__TwigTemplate_e934e56c1e459c359b150360c7169113->doDisplay(Array, Array) (Line: 394)
Twig\Template->displayWithErrorHandling(Array, Array) (Line: 367)
Twig\Template->display(Array) (Line: 379)
Twig\Template->render(Array, Array) (Line: 40)
Twig\TemplateWrapper->render(Array) (Line: 53)
twig_render_template('themes/cryptod/templates/node.html.twig', Array) (Line: 372)
Drupal\Core\Theme\ThemeManager->render('node', Array) (Line: 436)
Drupal\Core\Render\Renderer->doRender(Array, ) (Line: 204)
Drupal\Core\Render\Renderer->render(Array, ) (Line: 238)
Drupal\Core\Render\MainContent\HtmlRenderer->Drupal\Core\Render\MainContent\{closure}() (Line: 583)
Drupal\Core\Render\Renderer->executeInRenderContext(Object, Object) (Line: 239)
Drupal\Core\Render\MainContent\HtmlRenderer->prepare(Array, Object, Object) (Line: 128)
Drupal\Core\Render\MainContent\HtmlRenderer->renderResponse(Array, Object, Object) (Line: 90)
Drupal\Core\EventSubscriber\MainContentViewSubscriber->onViewRenderArray(Object, 'kernel.view', Object)
call_user_func(Array, Object, 'kernel.view', Object) (Line: 111)
Drupal\Component\EventDispatcher\ContainerAwareEventDispatcher->dispatch(Object, 'kernel.view') (Line: 187)
Symfony\Component\HttpKernel\HttpKernel->handleRaw(Object, 1) (Line: 76)
Symfony\Component\HttpKernel\HttpKernel->handle(Object, 1, 1) (Line: 58)
Drupal\Core\StackMiddleware\Session->handle(Object, 1, 1) (Line: 48)
Drupal\Core\StackMiddleware\KernelPreHandle->handle(Object, 1, 1) (Line: 191)
Drupal\page_cache\StackMiddleware\PageCache->fetch(Object, 1, 1) (Line: 128)
Drupal\page_cache\StackMiddleware\PageCache->lookup(Object, 1, 1) (Line: 82)
Drupal\page_cache\StackMiddleware\PageCache->handle(Object, 1, 1) (Line: 48)
Drupal\Core\StackMiddleware\ReverseProxyMiddleware->handle(Object, 1, 1) (Line: 51)
Drupal\Core\StackMiddleware\NegotiationMiddleware->handle(Object, 1, 1) (Line: 51)
Drupal\Core\StackMiddleware\StackedHttpKernel->handle(Object, 1, 1) (Line: 704)
Drupal\Core\DrupalKernel->handle(Object) (Line: 18)
Tomiwabold Olajide
Gamza Khanzadaev
Yuri Molchan
