Altcoins move higher while Bitcoin price finds resistance near $35,000
Cointelegraph
Published Jan 12, 2021 10:44PM ET
Updated Jan 13, 2021 12:20AM ET
On Jan. 12 Bitcoin (BTC) price rebounded slightly as the price attempted to re-enter the $37,000 range but at the time of writing increased selling is pushing the price back toward the $32,000 mark.
While the bearish price action may have shaken out newer investors who are unfamiliar with Bitcoin’s whipsaw volatility, the recent 28% drop doesnt even maike it on the list of the top-5 worst BTC pullbacks in history. In fact, today’s 20% rebound marked one of Bitcoin’s largest one-day rebounds ever.
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Written By: Cointelegraph
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