Top 5 cryptocurrencies to watch this week: BTC, ADA, AVAX, CAKE, ATOM Bitcoin price continues to encounter resistance at the $50,000 level, but the rounding bottom pattern seen in most altcoins is a signal that traders intend to push prices higher. #BTC is trying to go towards $50,000. This is the major resistance area for now. BTC is now at the weekly resistance also. If BTC able to break the $50,000 area then the next resistance is $53,000 and $56,000 area. The support for now is $46,000-$46,500 and then $44,000 area. #RandomThoughts
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