Bitcoin Trades Sideways While Ethereum and Altcoins Rally

Bitcoin price formed a support above USD 35,000 and USD 35,500.

As a result, BTC climbed higher above the USD 36,500 resistance, but it failed to gain strength above USD 37,200 and USD 37,500.

It is currently (05:00 UTC) retreating lower, but the USD 35,500 zone could provide support.

Also, there were strong bullish moves in most major altcoins in the past two days.

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