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Market Wrap: Bitcoin Lingers Around $19.4K While ETH/BTC Pairing Hits Bull Mode

Bitcoin’s price is in a tight range Thursday while some investors are moving into ether.

Bitcoin reclaimed the $19,000 level, but charts suggest BTC and altcoins may consolidate for a few days before starting the next trending move.

Bitcoin broke out to secure a new 2020 high at $19,863 and altcoins look ready to follow BTC higher.

Bitcoin and a few altcoins have seen aggressive buying at lower levels, which could result in a retest of their recent highs.

Bitcoin’s recent correction is healthy, but several altcoins have lost momentum and could remain range-bound for a few days.

Bitcoin and most major altcoins could consolidate for a few days before starting the next big move.

XRP, Stellar and Cardano are some of the cryptocurrencies spearheading the rally as traders herald “altseason.”

Bitcoin is testing $19,000 as DeFi hits another milestone in total crypto locked.

Bitcoin price is back on the path to a new all-time high, and it seems altcoins intend to follow suit.

Bitcoin price looks ready to consolidate after reaching a new 2020 high and altcoins may attempt to recover from their sharp losses.