Bitcoin has updated the maximum of the current year at $ 9600

Tonight, February 5th, both leading cryptocurrencies updated 2020 highs. Bitcoin rose above $ 9600, while Ethereum quotes rose above $ 200 (CoinGecko data).

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Fintech-startup Ripple's XRP coin, the third largest digital asset by market capitalization, updated this year's high this afternoon, amid news of the company's new partnership.

Earlier, CoinDesk Markets technical analysts noted that in the event of a breakdown in the downward trend of the RSI indicator, a bitcoin retest of $ 9600 will occur.

Leading analyst is of the same opinion.RoboForex Dmitry Gurkovsky. But he believes that the first cryptocurrency will meet a serious resistance level near the $ 9800 level. Its breaking will open the way to local highs of about $ 13,800 and even $ 17,000.

The analytical service Skew drew attention to the fact that the prices for March and June bitcoin futures exceeded $ 10,000.

Taking Ethereum's $ 200 mark, which is a serious level of resistance, will open the way to $ 260 per coin, Gurkovsky emphasized.

Recall, the experts of the analytical firm FundstratGlobal Advisors said that Bitcoin will rise in price this year by 100%. However, Fund Lee’s co-founder Tom Lee believes that “digital gold” will grow by 197% within six months.

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