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Bitcoin price records a massive rally last week due to a technical breakout, as reported earlier by CoinGape. The BTC price trend was able to build momentum and surpassed the psychological level of $20K. Bitcoin hits new alltime 65k Either way, recent gains have see Bitcoin extend its series of higher highs and higher lows which, when combined with new all-time highs, culminate in a very encouraging technical backdrop. In the meantime, keep up to date on recent price developments and analysis using Twitter by following @PeterHanksFX.
Bitcoin hits high 65k
Two consecutive daily closes above an all-time price high would yield further upside targets, initially toward $86,000. What will Bitcoin be worth in 2025? You only have access to basic statistics.
Coin Trading Strategy – Technical Analysis
MVRV recently broke above the 2.0 level for the first time since May, which also occurred during the start of bitcoin’s 2020 bull run. Bitcoin spikes 20% after Elon Musk adds #bitcoin to his Twitter bio - January 29, 2021 This third crypto rally was fuelled by “the reemergence of inflation concerns among investors” and they are trying to use Bitcoin as a hedge against it, JP Morgan added.
Bitcoin hits new alltime above 65k
Sign in Previous Not everyone in the crypto market was impressed. Several bitcoin investors want an ETF that tracks spot prices rather than futures.