Over the $ 10,000 barrier Bitcoin
A correction has been recorded in recent hours for the strongest cryptocurrencies. What does the technical analysis show about the course of Bitcoin. Even stronger is the second increase in Ethereum capitalization.
Dee Jay of the crypto market began in December with classical music. Entering January, the repertoire began to change gradually. The rock ballads and the first pop songs have started. We're still a long way from rock hard, but last night the volume went up, as Bitcoin surpassed $ 10,000!
As we see the glittering green dominate the board, giving a clear indication that the festive atmosphere has drifted away and the rest of the cryptocurrencies are dancing to the party, let's go back to the 4-hour chart of Bitcoin as it is now.
The blue horizontal line is the psychological level of $ 10,000, a price that Bitcoin probably exceeded easily. It was preceded by successive upgrades from various support levels (green horizontal lines), while it is striking that the uptrend lines (orange oblique) are steadily becoming steeper.
Ethereum, the second in capitalization and cryptocurrency, has a similar image. There, in fact, the percentage increase is higher than Bitcoin, as is the case with many altcoins.
