Bitcoin (BTC) tested $47,000 on Sunday, as the end of the week appeared to be affected by the futures outage on the Chicago Mercantile Exchange.
1 hour BTC/USD candlestick chart (Bitstamp). Source: TradingView
Bitcoin returns to normal after removing gains
Cointelegraph Markets Pro and TradingView data showed mixed signals from BTC/USD at the end of the week.
It was a stronger rise on Saturday for the pair, who later quit the distance behavior due to the lack of clear direction.
“There is a lot going on in the markets,” explained Michael van de Poppe, one of the authors of the Telegraph reports.
“Bitcoin rose slightly on Saturday, and returned to the CME on Sunday. The CME closed at $47,490 on Friday, and it looks like we will open there later.”
As such, the closing price of Bitcoin futures could expire in a week, which was cautiously bullish for scammers as it approached $46,000 last week.
Meanwhile, a look at the buying and selling levels of the major exchange, Binance, revealed a strong resistance at $49,000, as fidelity only increased over the weekend. However, the $44,000 buyback support remains.
BTC/USD (Binance) buy and sell levels as of September 19. Source: Key Indicators.
Theatrical Altcoin scams are approaching this weekend
It was an equally boring day for cryptocurrencies, with the top 10 cryptocurrencies mimicking Bitcoin’s daily losses of around 2.5%.
Related: Bitcoin Next Stops at $85,000 As Analysts Predict Bitcoin Price Explosion in Q4
Ethereum (ETH) is down slightly at $3,350 at the time of writing, about 2% below the position at the same time last week.
ETH/USD (Bitstamp) candlelit for a day. Source: TradingView
However, as Cointelegraph reported, several coins showed bullish flags throughout the week, including Solana (SOL).