Patient longs have been rewarded as Bitcoin has gone parabolic, in a rally of remarkable proportions, even for Bitcoin. BTCUSD has surged beyond resistance at ~$7,250, and gone on to break $8,000, touching a new yearly high of $8,169.
Its surge has also boosted most of the major cryptocurrencies and added ~$30b to the overall cryptocurrency market capitalisation. This has been a move supported by volume and the ‘whales’ of the industry; tracking data showed the rally supported by trading from large bitcoin holders, with the single biggest whale moving some 47,000 bitcoin into the markets. Next meaningful resistance is in the $8,250 region.
Its surge has also boosted most of the major cryptocurrencies and added ~$30b to the overall cryptocurrency market capitalisation. This has been a move supported by volume and the ‘whales’ of the industry; tracking data showed the rally supported by trading from large bitcoin holders, with the single biggest whale moving some 47,000 bitcoin into the markets. Next meaningful resistance is in the $8,250 region.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.