Bitcoin, Dogecoin, Monero Price Analysis: 16 December

The past two days have marked a decent bullish recovery attempt as Bitcoin endeavors to re-enter the $50,000 zone. Dogecoin, as usual, did not fail to flash its high volatility after a staggering surge on 14 December.

The near-term technicals for Bitcoin, Dogecoin and Monero, hinted at decreasing selling pressure. 

Bitcoin (BTC)

TradingView, BTC/USD

After striking its ATH on 10 November, BTC consistently fell in a down-channel (yellow). As the fear sentiment kicked in, the largest crypto…

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