After a fresh bearish wave, bitcoin price found support near the USD 7,100 area. BTC/USD is currently rising (10:30 UTC) and trading above USD 7,250 and USD 7,350. However, the price needs to gain bullish momentum above USD 7,400 to continue higher in the near term.
Moreover, it seems like most major altcoins are recovering steadily, including ethereum, XRP, bitcoin cash, litecoin, EOS, BNB, ADA,