(10/15, Fri) btc broke short-term high and is heading towards $60k

in #btc3 years ago

Yesterday(10/14 00:00 - 24:00, UTC+0), bitcoin price recorded its starting as $57420, its lowest as $56783, its highest as $58592, its closing as $57377. Bitcoin rose weakly after Thursday's start, reaching a high at 02:15, then declining, reaching a low at 19:15, and then rebounding, ending with a final weak flat.

Looking at the 4-hour chart, btc got a weak correction after renewing a short-term high at the beginning of the day, but it is positive to support the $56,500 level, which was at the top of the box, which had gone sideways since the breakout of $55k on the 10/6. And looking at the daily chart, the upward angle has slightly decreased, but continuing to break short-term highs is considered a challenge to $60k.

On the other hand, Ethereum, which had been blocked by the $3600 resistance for long time, broke through $3800 at once with a large buying volume yesterday and started the uptrend. And as major altcoins rose together, it seemed to open the prelude to the great altcoin's bull market. I guess it would come a big correction to come in roughly upcoming 30 days or so after Bitcoin 75k, Ethereum $5500, and major altcoins rise over 70%. However, the first priority is to break through $60k.

Coin Marketplace

STEEM 0.16
TRX 0.15
JST 0.028
BTC 54642.70
ETH 2317.98
USDT 1.00
SBD 2.33