您现在的位置是:BTC could surpass the $70k level soon >>正文
BTC could surpass the $70k level soon
上海品茶网 - 夜上海最新论坛社区 - 上海千花论坛857人已围观
简介Bitcoin has reached a new all-time high above $68k and could rally higher over the coming hours if t...
Bitcoin has reached a new all-time high above $68k and could rally higher over the coming hours if the market maintains the current momentum.
The cryptocurrency market has been performing excellently over the past few hours, with Bitcoin and Ether all reaching new all-time highs. Bitcoin reached a new all-time high of $68,641 per coin, according to the data obtained from Coingecko.
The leading cryptocurrency surpassed the previous all-time high of $67,257 after rising by more than 3% over the past 24 hours. At the time of writing, BTC is trading at $68,150, down by 0.7% from the all-time high price it attained a few hours ago.
Key levels to watch
The BTC/USD 4-hour chart is very bullish at the moment, thanks to the cryptocurrency’s performance over the past few hours. Bitcoin’s MACD line is above the bullish territory, and its relative strength index of 73 shows that the coin is overbought at the moment, indicating further gains ahead.
Bitcoin is up by nearly 10% from its 100-day simple moving average at $62,681. Hence, ensuring that the cryptocurrency has established strong support just above the $60k level. This could allow it to make a move higher over the next few hours.
What to expect
BTC could rally higher in the coming hours as the bulls seem to be in control since the start of the fourth quarter. After surpassing the $68k mark, BTC could make a move for the first resistance level at $69,100 over the next few hours.
In the event of an extended rally, BTC could top the $70k for the first time in its history later today. BTC will need the support of the broader cryptocurrency market if it aims to reach $72k in a few hours.
However, Bitcoin’s price might still retrace after rallying for the past few days. In this scenario, the bulls would be forced to defend the support level at $67,500. Unless there is an extended sell-off in the market, BTC should comfortably defend the $66,900 support level in the short term.
Tags:
转载:欢迎各位朋友分享到网络,但转载请说明文章出处“上海品茶网 - 夜上海最新论坛社区 - 上海千花论坛”。http://www.jz08.com.cn/news/213976.html
相关文章
Hodlnaut records nearly $200 million in a financial shortfall
BTC could surpass the $70k level soonSingapore-based crypto lender Hodlnaut has revealed a financial shortfall of $200 million as it seek...
阅读更多
Financial institutions remain interested in cryptocurrencies
BTC could surpass the $70k level soonThe CEO of CF Benchmarks has revealed that financial institutions are more interested in cryptocurre...
阅读更多
Can TRX hit new levels after a strategic partnership
BTC could surpass the $70k level soonTron’s has entered a strategic partnership with crypto market maker Wintermute.TRX is showing...
阅读更多
热门文章
- Google & Ambient signal shift to sustainable electronics era
- IS could be using NFTs to make content indestructible: Gluck
- US giant wind farm misses power deadline, but 1st turbine turns breeze
- US Carrier Strike Group can be countered with 24 hypersonic missiles, China claim
- MIT’s new sensor can power itself without a battery
- Cosmos (ATOM) faces fresh losses if bulls lose $10 support
最新文章
Argentina's Mendoza province accepts crypto as tax payment
Cardano price dips 10% as BTC pulls below $52k
Where to buy Permission Coin: ASK rises 180% before airdrop
Chip maker Intel buys Coinbase’s shares
Cosmos (ATOM) faces fresh losses if bulls lose $10 support
Kongsberg NSMs to replace Harpoon IIs in the Spanish fleet