$BTC Bitcoin price extends its recovery and nears the $100K mark on Friday after facing a healthy correction this week.

Ethereum price closed above the weekly resistance of $3,454, suggesting a rally ahead.

Ripple price found support around its $1.40 level, indicating a rally on the horizon.

Bitcoin (BTC) price extends its recovery and nears the $100K mark on Friday after facing a healthy correction this week. Ethereum (ETH) and Ripple (XRP) closed above their key resistance levels, indicating a rally in the upcoming days.

Bitcoin recovers and approaches its $100K milestone

Bitcoin price reached a new all-time high (ATH) of $99,588 last week and started declining. BTC declined 7%, falling to a low of $90,791 on Tuesday. However, it recovered slightly on Wednesday. At the time of writing on Friday, it continues to recover and trades around $96,200.