© Reuters Bulls run wild in BTC, up 0.13% to $16,862.18
- BTC bulls capture the market trend, making it illegal for the bears to reverse the trend.
- According to technical indicators, the bulls are expected to maintain their leading position in the market.
- BTC has found support over the past 24 hours at $16,755.25.
The Bitcoin (BTC) market bears dropped the price to $16,755.25 in 24 hours before the bulls found support. Later in the day, the bulls regained control of the market and the price rallied to $16,908.86 before reversing. As of press time, the positive trend has priced BTC at $16,861.67 (up 0.13%).
The Bitcoin (BTC) market cap has increased to $324,365,826,978 and the 24-hour price chart is up 31.34% to $12,406,915,053 due to this increase, indicating an escalating market activity.
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