Bitcoinandthecryptocurrencymarketasawholeisridingthebullishwaveamidrenewedinvestoroptimism.
Justnow,Bitcoinmanagedtobreakthe$69,000pricemarkafteranincredible10.15%surgeinthepast7days.andhasa24hourtradingvolumeofaround$18.5billion.Thenumberonecryptocurrency’smarketcapreached$1.365trillion.
The1-daytechnicalanalysisfromTradingViewalsoshowsinvestors’bullishsentiment.Thesummaryshows“buy”with14signals,themovingaveragespointto“strongbuy”alsowith14,whileoscillatorsremain“neutral”at8.
Duringthepast24hours$15.08inBitcoinpositionswereliquidated($1.41millionbeinglongsand$13.67millioninshorts).
Thetotalcryptocurrencymarketcapsurgedby1.62%inthepast24hoursandreached$2.38trillion.
Bitcoinisalittleshyfromit’sall-timehigh(ATH)andifthecurrentbullishmomentumcontinuestogainsteam,wecouldwitnessanewrecordpricesoonerthanwethink.
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