Bitcoin breaks resistance to hit $4,107, Is a weekend rally surfacing?

2019-3-30 13:09

Bitcoin’s performance in the last 24hrs has been a significant one and this is reflected in the big bull’s ability to make a sheer climb that has now placed it in the $4100 mark. More precisely, Bitcoin is currently trading at $4157 at the time of this writing. This is even more impressive as Bitcoin seems to swiftly be heading to the nearest resistance level of $4200.

While the current structure of the cryptocurrency market is showing itself to be highly promising, the early hours of yesterday was a rather risky one for both top dogs and altcoins.

With slight bearish trends surfacing, altcoins attained losses between 2% to 5%. Bitcoin was not left out, although having only attained very mild losses (0.5% to 1% against the USD), the big bull had barely managed to remain above the $4k mark with an opening trading price of $4068, while a daily all-time high of $4113 was attained shortly into the day, the bears suppressed BTC lower than its opening price as the coin fell back to $4,034 and later closed a little higher with $4,098.

A possible weekend rally

The weekend is showing itself the most promising for Bitcoin. Yesterday’s price of $4,113 is the second highest price Bitcoin has seen for the month of March, following its current trading price which has now set itself for the $4200 mark.

The possibility of this is unquestionable as Bitcoin had previously hit this level back in February when the big bull initiated at $4,145 and went on shortly after to hit its first yearly all-time high of $4,210.

With the weekend beginning on a bullish path, Bitcoin is already up by 4.32% at the time of this writing. An increase of $2 billion to its market cap communicates that traders are pumping big into the big bull.

While weekends are usually a fair trade as the market tries to find balance, the bulls have decided to input a little more green lights and a little less red lights as gains continue to pour in.

The post Bitcoin breaks resistance to hit $4,107, Is a weekend rally surfacing? appeared first on ZyCrypto.

Similar to Notcoin - TapSwap on Solana Airdrops In 2024

origin »

Bitcoin (BTC) на Currencies.ru

$ 66760.03 (-0.19%)
Объем 24H $23.035b
Изменеия 24h: -0.61 %, 7d: 6.33 %
Cегодня L: $66031.14 - H: $67143.86
Капитализация $1315.227b Rank 1
Цена в час новости $ 4094.17 (1530.61%)

bitcoin hit resistance breaks surfacing 107 rally

Источник: zycrypto.com

bitcoin hit → Результатов: 126


Bitcoin Dominance on a Decline for 8 Weeks Straight to Hit Three-Year Low

Time and again, the Bitcoin price will make a strong upward movement, but instead of continuing the momentum, it ends up back down again. As of writing, BTC/USD has been trading around $57,500. It has been due to lack of momentum in Bitcoin and the surging Ether prices, which hit a new all-time high yet again […] The post Bitcoin Dominance on a Decline for 8 Weeks Straight to Hit Three-Year Low first appeared on BitcoinExchangeGuide.

2021-5-7 17:49


Bitcoin On Track to Hit $100,000 in Next Five Years: Bloomberg Report

Bitcoin has a history of adding zeroes. At the end of 2017, bitcoin achieved $10,000 for the first time, which was less than a year after BTC hit $1,000 for the first time in January 2017. Before that, in 2011, BTC was around $10 in 2011 and then $100 in the second half of 2013 […] The post Bitcoin On Track to Hit 0,000 in Next Five Years: Bloomberg Report first appeared on BitcoinExchangeGuide.

2020-10-6 15:34


дальше еще 77 новостей →

Партнеры Currencies.ru

Реклама на Currencies.ru

Самое свежее на Currencies.ru

What to Expect From Bitcoin in 2024

Expectations that U.S. regulators will approve spot bitcoin ETFs next year are driving prices higher. History suggests we might see a slowdown as we approach the halving in April 2024, says Path Crypto's David Liang.