As December approaches, cryptocurrencies, particularly Bitcoin (BTC) and Ethereum (ETH), are experiencing a significant increase in transactions. This is evident from the latest report by ChangeNOW, a cryptocurrency trading platform that allows trading without registration and boasts no hidden fees.
According to experts, traders are using this platform to increase their inventory before the year-end rally. Bitcoin’s price has shown a 39% appreciation in the last month, reaching $99,500. The nearest resistance for BTC is the psychological limit of $100,000, but there is also room for the price to fall back down to $74,300.
Despite the MACD value of -402, the six-month profit for Bitcoin is now 37%. Some analysts predict that if BTC breaks through the $100,000 resistance, the price of the leading cryptocurrency may rise to $113,900. Traders are taking advantage of this and opting for ChangeNOW’s platform, which allows for hassle-free trading without any registration or hidden fees.
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<p>The post Cryptocurrency Trading: How Bitcoin and Ethereum Are Preparing for the Next Rally on ChangeNOW Platform first appeared on CoinBuzzFeed.</p>
