According to CoinStats, most coins are increasing in rate.
BTC/USD
Bitcoin (BTC) price has increased by 0.55% since yesterday.
On the hourly chart, the BTC rate has set local support at $91,827. However, if a pullback does not occur, a breakout of the level is expected, followed by a possible further correction to the $91,000 range.
Looking at the longer time frame, the price of the major cryptocurrency once again bounced off the resistance level at $93,753. If the daily candlestick closes far from that mark, traders could expect a correction to the $90,000 to $91,000 range.
This scenario will be relevant until the end of the week.
From a medium-term perspective, the BTC rate is far from the leading levels. Therefore, volume is decreasing, meaning that the most likely scenario is for the stock to continue trading sideways around the current price.
At the time of writing, Bitcoin is trading at $92,524.
