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Traders identify $41K as Bitcoin’s key support to hold for the short-term

Last update 30.09.2021 11:06

While the long-term sentiment remains bullish, traders warn that BTC must hold the $41,000 support to avoid a sweep of the $38,000 level.

Traders identify $41K as Bitcoin’s key support to hold for the short-term

Bitcoin faced another day of bearish pressure on Sept. 29 as the impact of China's crypto crackdown and uncertainty about the regulatory landscape in the United States continue to weigh heavily on Bitcoin (BTC) and some of the larger-cap altcoins. 

Data from Cointelegraph Markets Pro and TradingView shows that the early morning rally above $42,000 lost steam by midday as the price collapsed back near the $41,000 support level where bulls are now defending against a further price decline.

Kaynak : cointelegraph.com

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All Data
Coin Change(%) Price Volume (24h)
Ethereum Meta (ETHM) -2.50 $0.000903 $8371.3B
Bitcoin (BTC) 0.09 $90,326.24 $8.2B
Ethereum (ETH) 1.20 $3,122.08 $4.7B
USD Coin (USDC) 0.01 $0.999859 $1.6B
Solana (SOL) 0.61 $133.437438 $1.3B
XRP (XRP) 0.61 $2.026889 $1.2B
TRON -0.35 $0.273706 $797.7M
ZCash (ZEC) -4.52 $440.283168 $792.1M
Dogecoin (DOGE) 1.31 $0.139132 $566.6M
Litecoin (LTC) -0.58 $81.68 $566.3M
All Data