BTC/USD   $ 26712.9

|

ETH/USD   $ 1796.60

|

LTC/USD   $ 92.39

|

DASH/USD   $ 44.41

|

DOGE/USD   $ 0.07324

|

FIL/USD   $ 4.45

|

ADA/USD   $ 0.3676

|

USDT/USD   $ 1.00

|

SHIB/USD   $ 0.00000866

|

HOLO/USD   $ 0.003566

|

BTT/USD   $ 0.00000060

|

WINK/USD   $ 0.0001995

|

YFI/USD   $ 6739.04

|

PAXG/USD   $ 1995.93

|

MKR/USD   $ 630.44

|

BCH/USD   $ 117.30

|

WBTC/USD   $ 26739.6

|

COMP/USD   $ 35.00

|

AAVE/USD   $ 62.48

|

ZEC/USD   $ 33.10

|

ICP/USD   $ 5.19

|

TRB/USD   $ 11.87

|

ETC/USD   $ 18.36

|

NMR/USD   $ 13.50

|

BAL/USD   $ 5.42

|

LINK/USD   $ 6.62

|

REP/USD   $ 6.88

|

UNI/USD   $ 5.15

|

ATOM/USD   $ 10.78

|

UMA/USD   $ 2.12

|

SNX/USD   $ 2.18

|

SUSHI/USD   $ 0.8944

|

BAND/USD   $ 1.47

|

EOS/USD   $ 0.8928

|

OMG/USD   $ 0.8033

|

RLC/USD   $ 1.56

|

MIR/USD   $ 0.05600

|

BNT/USD   $ 0.4149

|

XTZ/USD   $ 0.8899

|

CGLD/USD   $ 1.74

|

1INCH/USD   $ 0.4109

|

CRV/USD   $ 0.8177

|

KNC/USD   $ 0.6039

|

ENJ/USD   $ 0.3523

|

MATIC/USD   $ 0.8601

|

STORJ/USD   $ 0.3080

|

ZRX/USD   $ 0.2240

|

ALGO/USD   $ 0.1679

|

GRT/USD   $ 0.1221

|

OGN/USD   $ 0.09479

|

CTSI/USD   $ 0.1985

|

MANA/USD   $ 0.5062

|

BAT/USD   $ 0.2212

|

DAI/USD   $ 1.00

|

USDC/USD   $ 0.9998

|

REN/USD   $ 0.07770

|

XLM/USD   $ 0.08778

|

NKN/USD   $ 0.09859

|

OXT/USD   $ 0.06790

|

LRC/USD   $ 0.2967

|

SKL/USD   $ 0.03220

|

CVC/USD   $ 0.08861

|

SAND/USD   $ 0.5290

|

NU/USD   $ 0.1500

|

GNT/USD   $ 0.00000001

|

DNT/USD   $ 0.02720

|

ANKR/USD   $ 0.02588

|

LOOM/USD   $ 0.05156

|

AMP/USD   $ 0.002960

|

MANY/USD   $ 0.3509

|

WTK/USD   $ 0.02170

|

POSI/USD   $ 0.02355

|

WINR/USD   $ 0.00003100

|

DEFT/USD   $ 0.00002080

|

ISA/USD   $ 0.0001070

|

RULER/USD   $ 0.006669

|

SPORE/USD   $ 0.9137

|

DEFLCT/USD   $ 0.7343

|

HVE/USD   $ 0.0004395

|

JCB/USD   $ 0.00004900

|

FWC/USD   $ 0.00000000008000

|

FDC/USD   $ 0.00000021

|

YETI/USD   $ 0.003856

|

SMR/USD   $ 0.06492

|

BTC/USD   $ 26712.9

ETH/USD   $ 1796.60

LTC/USD   $ 92.39

DASH/USD   $ 44.41

DOGE/USD   $ 0.07324

FIL/USD   $ 4.45

ADA/USD   $ 0.3676

USDT/USD   $ 1.00

SHIB/USD   $ 0.00000866

HOLO/USD   $ 0.003566

BTT/USD   $ 0.00000060

WINK/USD   $ 0.0001995

YFI/USD   $ 6739.04

PAXG/USD   $ 1995.93

MKR/USD   $ 630.44

BCH/USD   $ 117.30

WBTC/USD   $ 26739.6

COMP/USD   $ 35.00

AAVE/USD   $ 62.48

ZEC/USD   $ 33.10

ICP/USD   $ 5.19

TRB/USD   $ 11.87

ETC/USD   $ 18.36

NMR/USD   $ 13.50

BAL/USD   $ 5.42

LINK/USD   $ 6.62

REP/USD   $ 6.88

UNI/USD   $ 5.15

ATOM/USD   $ 10.78

UMA/USD   $ 2.12

SNX/USD   $ 2.18

SUSHI/USD   $ 0.8944

BAND/USD   $ 1.47

EOS/USD   $ 0.8928

OMG/USD   $ 0.8033

RLC/USD   $ 1.56

MIR/USD   $ 0.05600

BNT/USD   $ 0.4149

XTZ/USD   $ 0.8899

CGLD/USD   $ 1.74

1INCH/USD   $ 0.4109

CRV/USD   $ 0.8177

KNC/USD   $ 0.6039

ENJ/USD   $ 0.3523

MATIC/USD   $ 0.8601

STORJ/USD   $ 0.3080

ZRX/USD   $ 0.2240

ALGO/USD   $ 0.1679

GRT/USD   $ 0.1221

OGN/USD   $ 0.09479

CTSI/USD   $ 0.1985

MANA/USD   $ 0.5062

BAT/USD   $ 0.2212

DAI/USD   $ 1.00

USDC/USD   $ 0.9998

REN/USD   $ 0.07770

XLM/USD   $ 0.08778

NKN/USD   $ 0.09859

OXT/USD   $ 0.06790

LRC/USD   $ 0.2967

SKL/USD   $ 0.03220

CVC/USD   $ 0.08861

SAND/USD   $ 0.5290

NU/USD   $ 0.1500

GNT/USD   $ 0.00000001

DNT/USD   $ 0.02720

ANKR/USD   $ 0.02588

LOOM/USD   $ 0.05156

AMP/USD   $ 0.002960

MANY/USD   $ 0.3509

WTK/USD   $ 0.02170

POSI/USD   $ 0.02355

WINR/USD   $ 0.00003100

DEFT/USD   $ 0.00002080

ISA/USD   $ 0.0001070

RULER/USD   $ 0.006669

SPORE/USD   $ 0.9137

DEFLCT/USD   $ 0.7343

HVE/USD   $ 0.0004395

JCB/USD   $ 0.00004900

FWC/USD   $ 0.00000000008000

FDC/USD   $ 0.00000021

YETI/USD   $ 0.003856

SMR/USD   $ 0.06492

Too ‘grande’ to fail — Bitcoin price stumbles at $44K as China plans for Evergrande’s implosion

  • News
  • Too ‘grande’ to fail — Bitcoin price stumbles at $44K as China plans for Evergrande’s implosion

eBitcoinics   23 Sep, 2021   cointelegraph   Views: 287

Predictions include a short-term low at $42,000 as overnight progress turns into consolidation.

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Too grande to fail Bitcoin price stumbles at 44K as China plans for Evergrandes implosion
MARKET UPDATE

Bitcoin (BTC) faced stiff resistance above $44,000 on Thursday, Sept. 23, as China told governments to prepare for property giant Evergrande to collapse.

BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView

Buyers line up to snag sub-$40,000 BTC

Data from Cointelegraph Markets Pro and TradingView showed volatility continuing for BTC/USD Thursday.

The pair had seen a solid recovery overnight, this fading at what was previous support just above $44,000.

At the time of writing, the pair traded at around $43,700, dipping as news hit that China was briefing governmental structures on Evergrande’s financial fallout.

Signals remain mixed over the troubled firm, shares of which jumped amid signs of an exit from what chairman Hui Ka Yuan called its “darkest moment.”

For Bitcoin traders, however, it was business as usual and little cause for concern.

“Bitcoin correcting a little, as we’ve approached the resistance,” Cointelegraph contributor Michaël van de Poppe summarized.

“Looking at $42K as a potential support zone for a higher low to be created.”

Fellow trader Pentoshi harked back to previous bull market years, which likewise saw multiple deeper corrections from local highs on the way to a larger cycle top.

Data from monitoring resource Material Indicators, meanwhile, showed a considerable buy wall building up below $40,000.

BTC/USD buy/ sell levels (Binance) as of Sept. 23. Source: Material Indicators

Altcoins keep the faith on next “impulse moves”

Bitcoin’s 24-hour gains provided a boost for flagging altcoins that had suffered during the previous retests of $40,000 support.

Related: Just another bubble? Bitcoin price tops follow Chinese debt cycles, new research shows

The top 10 cryptocurrencies were led by Solana (SOL) on the day, up 12%, while the largest altcoin, Ether (ETH), was up 5.3% above $3,000.

“I think Ether against Bitcoin is likely bottomed out at this stage,” van de Poppe said in a YouTube update.

ETH/BTC 1-hour candle chart (Bitstamp). Source: TradingView

He added that altcoins more broadly were still apt to see “new impulse waves” as Bitcoin’s slow return to form failed to dampen strength.




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