Technical Weekly – Bitcoin bulls on thin ice; Altcoins mixed

Technical Weekly – Bitcoin bulls on thin ice; Altcoins mixed

Cryptocurrency traders have been staying cautiously optimistic as we enter the final trading month of the year. The prices of bitcoin briefly touched 7800 levels over the weekend before sheltering in the 7500 area. We’ve also seen the same mixed sentiment in the altcoin space, as ETH and XRP gained about 1.5%, while LTC and ATOM gave up less than 2% of their values.