Bitcoin gets bullish support While India lifts Ban on Cryptocurrency

Get the weekly summary of cryptocurrency market trends, news, and forecasts! This Week’s Summary The Crypto Market ends the week at a total market capitalization of $251 billion. Bitcoin gets bullish support to move above $9,000 before dropping just below the mark. Ethereum value consolidates around the $230, with its sight set on the $250 target. XRP ends below the resistance level of $0.235 after an impetuous rise of up to $0.245 India finally lifts an RBI ban on cryptocurrency…

BTC Prepares for A Fresh Rally in Coming Times

The past few weeks have seen the BTC price dip below the $9,000 support against the USD. Despite attempts being made to bounce it back, it still ended up settling down below the 100 hourly simple moving average (SMA). BTC Upward Correction Prices recently dropped to a low of around $8,403, before making an upwards correction. Bitcoin is currently trading slightly above the $8,450 and $8,500 levels. A keynote was the recent break above a key bearish line, coupled with…