Bitcoin Smashes Resistance to Reach Another All-Time High

2021-2-9 10:56

The Bitcoin (BTC) price increased considerably last week and resumed its upward movement on Feb. 8.

Today, Bitcoin has already reached a new all-time high price and is expected to continue increasing.

  Highest Ever Weekly Bitcoin Close

During the week of Feb 1-8, BTC increased considerably and reached a weekly close of $38,795. This is the highest weekly close recorded in Bitcoin’s history.

Bitcoin continued its ascent in the following week and is currently in the process of creating another significant bullish candlestick.

Technical indicators are also bullish, supporting the continuation of the upward movement. While there is a possible bearish divergence in the weekly RSI, it has not yet been confirmed.

BTC Chart By TradingView New All-Time High

On Feb. 9, BTC reached a new all-time high price of $47,910. At the time of press, BTC was making another attempt at pushing even higher.

Technical indicators are entirely bullish. The MACD has crossed above the 0-line, the RSI has crossed above 70, and the Stochastic oscillator has just made a bullish cross.

The previous all-time high resistance area at $41,300 is now likely to act as support.

Due to BTC being at an all-time high, there is no resistance above the current price.

BTC Chart By TradingView Short-Term BTC Movement

The short-term chart also supports the continuation of the upward move.

BTC has flipped the $37,000 resistance area and validated it as support before bouncing and beginning the current upward movement.

Furthermore, BTC is following a short-term ascending support line and is expected to continue moving upwards as long as it’s trading above it.

Despite being overbought, technical indicators are bullish, thus indicating that BTC is expected to move higher.

BTC Chart By TradingView Conclusion

Bitcoin has just reached a new all-time high price and is expected to continue increasing in the near future.

For BeInCrypto’s previous Bitcoin (BTC) analysis, click here

The post Bitcoin Smashes Resistance to Reach Another All-Time High appeared first on BeInCrypto.

Similar to Notcoin - Blum - Airdrops In 2024

origin »

Bitcoin (BTC) на Currencies.ru

$ 98931.48 (+0.24%)
Объем 24H $104.601b
Изменеия 24h: 3.18 %, 7d: 12.16 %
Cегодня L: $97827.07 - H: $98932.54
Капитализация $1957.43b Rank 1
Цена в час новости $ 46451.02 (112.98%)

bitcoin high reached weekly all-time close week

Источник: beincrypto.com

bitcoin high → Результатов: 126


Bitcoin hits a new all-time high at $69,170: Will altcoins follow suit?

Key takeaways Bitcoin reached a new all-time high price of $69,170 on Tuesday and altcoins could follow soon. AltSignals’ ASI token is up by 17% in the last 24 hours and could rally higher soon Bitcoin sets a new all-time high Bitcoin, the world’s leading cryptocurrency by market cap, has set a new all-time high […] The post Bitcoin hits a new all-time high at $69,170: Will altcoins follow suit? appeared first on CoinJournal.

2024-3-6 12:34


Фото:

Bitcoin Cash soars to 14-month high of over $300 as hash rate spikes

Bitcoin Cash (BCH) rallied to a 14-month high of over $320 after rising by 35% in the last 24 hours, according to CryptoSlate data. Since June 20, the digital asset has enjoyed renewed interest as it is one of the four cryptocurrencies available on EDX Markets—a crypto exchange backed by traditional financial giants like Fidelity, Schwab, […] The post Bitcoin Cash soars to 14-month high of over $300 as hash rate spikes appeared first on CryptoSlate.

2023-6-30 14:45


дальше еще 77 новостей →

Партнеры Currencies.ru

Аналог Notcoin - Blum - Играй и зарабатывай Монеты



Реклама на Currencies.ru

Самое свежее на Currencies.ru

13% of Crypto Hedge Funds Have Closed in 2023 Despite Bitcoin Climbing 75%

Compared to Bitcoin, cypto hedge funds have underperformed in 2023. against this backdrop, investors have lost confidence and 13% of funds shuttered since the begining of the year. The post 13% of Crypto Hedge Funds Have Closed in 2023 Despite Bitcoin Climbing 75% appeared first on BeInCrypto.

Upbit Exchange Outperforms Coinbase and OKX in July

Korean exchange Upbit records $29.8 billion in spot trading volumes as it benefits from superior regulation compared to US exchanges. The post Upbit Exchange Outperforms Coinbase and OKX in July appeared first on BeInCrypto.