April 25, 2024

Bitcoin is trying to surpass $ 12,000

Bitcoin made another attempt to reach $12,000, but to no avail, Ethereum also rolled back from $440. Overall, the market confirmsthe continuing bullish trend, since in the last three months almost all 100 of the largest digital assets were in the black.

About three days ago, the main cryptocurrency was in an awkward position, when it dropped to $ 11,100, but since then, the bulls have increased their strength and kicked.

Their attempt seemed to be quite successful, and BTCquickly knocked at the door of $ 12,000. During this month-long bull run, which started at $ 9,000 in mid-July, the asset underwent three attempts to complete this period.

During this time, one of them bitcoins didn’t go up too much ($ 12,100 - at most in 2020), for this time the price increase dropped slightly below the $ 11,000 mark and returned

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If the bitcoin finishes surpassing the resistance in $12,000 to move up, it will have to go for $ 12,100 and $ 12,400. If the price falls, the asset will be supported at the level of $ 11,400, $ 11,100 and $ 11,000.

If we are talking about altcoins, then the maximum growth in top-20 shows EOS - + 15%, IOTA - + 11.83% and Chainlink - + 11.57%. Losses are rare and unreasonable and fluctuate in the range of -1%.

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Santiment data show that the last three90% of the 100 largest cryptocurrencies are found in the green zone. Over the last month, this percentage increases up to 95%, and over the last three months - up to 97%.

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