Bitcoin reaches $ 43,000 after Tesla announcement
Bitcoin reaches $ 43,000 after Tesla announcement
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After a strong weekend, Bitcoin's increase continued the week when Tesla announced investments worth almost 2 billion US dollars Bitcoin . Overall, the cryptoma markets were around 3 % higher on Monday.
Bitcoin
Bitcoin, which consolidated most of the past week, approached a three-week high and rose by up to 3 %at the time of writing.
bitcoin /USD rose to an intraday-high from over on Monday $ 43,500.00 when the markets reacted to the news that Tesla is currently holding $ 1.9 billion in Bitcoin.
The movement came when Bitcoin broke out for the first time since January 21, over his level of resistance of $ 42,060.
At the present time, the RSI also climbed to a climax and moved over his long-term upper limit of 60, which he last reached in mid-November.
The movement from Monday also led to a crossover of the sliding 10-day (red) and 25-day average (blue), which many have been waiting for.
bulls could take this as a sign to further push the price up, with a few $ 45,000 as the next point of profit.
ether
eth also listed multi-week highs on Monday Second largest cryptocurrency in the world.
at the time of writing, eth /USD climbed today from 3.11,16 $ after it was traded at $ 2,965.43 less than 24 hours ago.
Overall, Ethereum has increased by over 20 % last week, which is due to the fact that his 14-RSI has exceeded two important resistance levels during this time.
The first breakthrough took place after a breakthrough over 44 on February 3, followed by the climb on Saturday over the 55 border.
These movements have led to a shift in the sliding 10-day and the sliding 25-day average, which, similar to Bitcoin is set for a crossover.
Is ETH now for a resistance of $ 3.400? Leave your thoughts in the comments below.
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