According to Coinstats, all top 10 coins have returned to the Green Zone on the first day of the week.
BTC/USD
Bitcoin (BTC) prices have risen 1.36% since yesterday.
On the hourly chart, BTC rates have risen after a breakout level of $114,926. If the buyer is able to hold the initiatives he has acquired, the rise could last up to the $116,000 mark.
With a longer time frame, buyers are about to seize the initiative. However, traders may need more time to accumulate energy for further movement.
In this respect, regional consolidation between $114,000 and $117,000 is the most likely scenario.
From a medium-term perspective, neither the bull nor the bears have control over the market situation. This statement is confirmed by a drop in volume. Overall, traders are unlikely to see an increase in volatility any time soon.
Bitcoin is trading at $115,288 at press time.
