The late-Thursday sharp rally in Bitcoin has continued today, setting up the market leader for a fresh attempt at a resistance zone around $2k higher up. Get your market update from nickcawley1 here:
While this volume in Russia, in particular, may bring additional regulatory scrutiny, the move higher in Bitcoin has seen
with ease, and now sets up BTC for a run at the next zone of resistance between $45.5k and $45.8k. Above here, a cluster of prior highs around $48k comes into play.A look at the top 10 cryptocurrencies by market capitalization, using data from CoinMarketCap, shows the recent 1While the 7-day performance of some coins looks impressive, it should be noted that these rallies are off some multi-month lows and some coins are still heavily below their peaks.approaching its all-time high.
While the move currently looks strong, the CCI indicator at the bottom of the chart shows LUNA as heavily overbought and this may need to be pared back if a new ATH is to be made in the coming weeks.largest coin by market cap, Avalanche , has also performed well lately after breaking below its short-term uptrend line started off the January 22 multi-month low. If this trendline can be reclaimed then AVAX may test the February 17 high at $99 soon.
Malaysia Latest News, Malaysia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Bitcoin fails to beat resistance as $40K stays out of reach into weekly closeSo close yet so far. Hopes of Bitcoin reaching $40,000 are starting to diminish going into the weekly close.
Read more »
War puts BTC price to the test — 5 things to watch in Bitcoin this weekHere are 5 cues for your Bitcoin trading prospects in the (likely unpredictable) coming days.
Read more »
$300M in crypto liquidations accompanies Bitcoin's surge to $44KBitcoin returns to $44,000 but March's 'massive variables' mean anything could happen next.
Read more »
Bitcoin Is Now More Valuable Than The Russian RubleBitcoin has overtaken the Russian Ruble after a set of geopolitical events marked by a big price recovery and a major crash of the russian fiat currency
Read more »
Bitcoin Back Above $40,000, Printing 2 Long Green Candles⬆ +12 Bitcoin Back Above $40,000, Printing 2 Long Green Candles $BTC bitcoin cryptocurrency
Read more »
$516.3 Billion in BTC Held by these Wallets After Recent Accumulation: IntoTheBlockBitcoin investors are increasing their stash to $516.3 billion in $BTC: intotheblock
Read more »