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Cryptocurrency News Articles

Bitcoin Fractal Pattern May Lead to New Local Low, Crypto Trader Jelle Highlights

Dec 31, 2024 at 04:24 am

Cryptocurrency markets are trading sideways on a low-volume Monday. Notable Statistics: Notable Developments: Top Losers: Trader Notes: With Bitcoin prices trading relatively flat, crypto trader Jelle highlights that Bitcoin's 2023 price action follows a fractal pattern that may lead to a new local low.

Bitcoin Fractal Pattern May Lead to New Local Low, Crypto Trader Jelle Highlights

Cryptocurrency markets showed little movement during a low-volume Monday session.

Top cryptocurrency traders shared their price outlooks and trading strategies amid the sideways price action.

Here's a look at the markets, notable statistics, and traders' notes throughout the session.

Crypto Markets Trade Sideways On A Low-Volume Monday, Top Traders Share Price Outlooks

Top Losers:

BNB (-1.33%)

MATIC (-1.16%)

XRP (-0.93%)

Crypto Markets Show Little Movement During A Low-Volume Monday SessionTop cryptocurrency markets showed little movement during a low-volume Monday session.

After a strong start to the year, crypto markets have stalled in recent weeks, with lower highs and lows being set.

Bitcoin prices were trading around $92,000, up less than 1% over the past 24 hours.

Ethereum prices were also largely flat, showing a slight decrease of 0.36%, trading at $3,060.

Among the top crypto losers, BNB, MATIC, and XRP prices declined by over 1% each during the session.

News source:www.benzinga.com

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