Bitcoin price is taunting traders with schrijven bullish signals, besides it has maintained the support at $6,600, covered te an earlier analysis today. The bullish trend is eyeing the critical resistance level at $6,800, however, te the meantime, the buyers voorwaarde battle to wiggle off the sellers.
The crypto market has survived an attack on South Korea&rsquo,s largest crypto exchange Bithumb. The bad news is that the hack wasgoed successful and the hackers made away with about $31 million ter undisclosed coins, however, the precies amount stolen has not bot communicated. The time of the attack is said to have bot inbetween Tuesday night and Wednesday morning. Bithumb exchange announcement read:
&ldquo,All deposit and withdrawal service will be stopped to make sure the security. Wij will keep notice you of the restart of the service. Wij apologize for your inconvenience and thanks for your understanding.&rdquo,
The exchange has waterput a zekering to deposits and withdrawals and customers have asked to obey. For security, Bithumb has moved its assets to cold storage. More announcements from the exchange read:
&ldquo,[Notice for the makeshift suspension of the deposits].Due to the enlargening safety issues, wij are switching our wallet system. Please do not deposit until wij notify. *All deposits are not deposited into your wallet until all switches are finished.&rdquo,
Bitcoin price has cracked above the resistance at $6,700 and is presently testing resistance at $6,750. All the technical indicators point towards bullish movements te the short-term. If BTC/USD cracks above $6,800 it will permit buyers to build up momentum to escape the entrapment of the ranging channel spil observed on the chart. The support at $6,600 will proceed to hold, albeit a major support is highlighted at $6,400.
Read more on Bitcoin price analysis.
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