Bitcoin’s rally could continue in the short term, analysts and traders said, after the largest cryptocurrency by market cap surged on Wednesday to a new all-time-high price above $51,000.
Al momento della stampa, bitcoin’s price is above 10-hour and 50-hour moving averages on the hourly chart, un segnale rialzista per i tecnici di mercato.
“On the hourly time frame, bitcoin has a short-term support in the zone between $50,000 e $50,600 and an immediate resistance at $51,600,” Hunain Naseer, senior editor at OKEx Insights, ha detto a CoinDesk.
Ki Young Ju, CEO of South Korea-based cryptocurrency data firm CryptoQuant, said the Coinbase premium, which measures the price difference between Coinbase Pro’s BTC/USD pair and Binance’s BTC/USDT pair, has flipped positive, an indication of institutional inflows.
“Bitcoin has upheld positive short-term momentum since breaking out above January’s high,” Katie Stockton, un analista tecnico per Fairlead Strategies, disse. “There are no signs of short-term upside exhaustion with the psychologically significant $50,000 level having come and gone.”
Bitcoin’s total market capitalization is now approaching $1 trilioni.
Blocciamo gli annunci! (Perché?)