Crypto Assets Consolidate Ahead of Next Bullish Push
Bitcoin is holding steady around $79,000 on Wednesday and traders are watching closely to see whether bulls have enough left in the tank for another run at $80,000 and beyond.
The broader market looks like it's catching its breath rather than losing conviction, with Ethereum and XRP mirroring Bitcoin's pause-then-push pattern instead of rolling over.
Bitcoin is parked just under $80,000, mulling a fresh attempt at that round number before tackling the supply zone stacked between $80,000 and $82,500.
Clearing this band convincingly would be the clearest signal yet that the bulls are back in charge.