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Bitcoin and altcoin prices continue to slump, but potential progress on the debt ceiling discussion could possibly produce a price reversal.
#BTC
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Bitcoin is at the cusp of breaking out from three different bullish patterns. Just a little bit higher, before these all confirm a move higher. #BTC
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With the Monthly candle close approaching today, bulls and bears are fighting to control the momentum. #BTC
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Litecoin (LTC) was a notable mover on Monday, as the token climbed for a sixth consecutive session. #cryptotrading
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One of the biggest differences between this Bitcoin bear market and the last one is that in 2019 hash rate didn't reach new highs until BTC ~3xed off its lows while today hash rate has over 2xed its prior May 2021 high while BTC itself is only up 75% off its lows #BTC
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For Bitcoin network fundamentals, the trend is as decisively bullish as at any time this year, with new all-time highs imminent. #BTC
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