Bitcoin and Altcoins Correct Lower, Dips Remain Attractive

There were additional gains in bitcoin price above the USD 38,500 resistance.

BTC even broke USD 40,000, traded to a new all-time high near USD 40,400 before correcting lower.

It traded towards the USD 36,500 support and it is currently (05:00 UTC) recovering above USD 38,000.

Similarly, there was a downside correction in most major altcoins, including ethereum, EOS, XRP, XLM, LINK, BNB, OMG, NEO.

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