QNT Leads Altcoin Rally, BTC Price Aims at $85K Again: Weekend Watch

Bitcoin’s rather calm price behavior continues over the weekend, but the asset is gradually grinding toward the $85,000 mark after defending the $83,000 support on Friday.

Some altcoins have produced impressive gains over the past 24 hours, but Quant’s QNT trades in a league of its own after a recent bullish development.

BTC Eyes $85K The previous business week began with a bang as the largest cryptocurrency exploded from the $80,000 support and blasted through a few major resistance levels before it topped $87,000 for the first time in eight months.

The bears tried to intercept the move and pushed the asset south to $85,000 before another leg up resulted in a surge to $87,300. The subsequent rejection was more profound. BTC failed at that level and slipped by several grand to $83,000 a few days later.