Bitcoin daily chart
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Investing.com – The technical profile of has improved noticeably in recent hours, with the cryptocurrency peaking at $ 48,860 on Tuesday morning, its highest since December 16.
Compared to yesterday afternoon’s low of $ 45,600, BTC / USD therefore posted at this morning’s high a gain of 7% in just over 12 hours.
This solid rise has allowed bitcoin to rise above its 200-day moving average currently at around $ 47,200. It should also be noted that recent Bitcoin gains also correspond to a rebound from a trendline visible on the daily chart since the beginning of August.
In the short term, the psychological threshold of $ 49,000 is the first potential resistance to consider, but it is a break above $ 50,000 that will be the next truly significant bullish signal.
With regard to other cryptocurrencies, it should be noted that the situation is also improving noticeably for, back above $ 4000 with an increase of more than 2% since yesterday.
But the cryptocurrency that shows the strongest performance in the Top 10 is, at the 10th position of the ranking of the largest capitalizations, which gains 14% over 24 hours and nearly 50% over a week.
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