Bitcoin Price Consolidates While Altcoins Target Fresh Highs

After struggling to settle above USD 8,300, bitcoin price started a downside correction. BTC/USD traded below the USD 8,200 support, but it remained well bid above the USD 8,050 support area. The price is currently (08:00 UTC) trading in range, with resistance near USD 8,300 and support at USD 8,050. On the other hand, there were mostly positive moves in most major altcoins, including ethereum,

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