Bitcoin All-Time High For Last 2 Years || Steem Alliance

in Steem Alliance4 months ago

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History repeats in the Bitcoin pattern. In this blog, I will share with you the whole market analysis of Bitcoin. So, further without delay, let's jump into the blog.

The bull market of 2024 has been confirmed long ago. Now it is just constantly pumping the price and this price pumping is a very good sign for the crypto market. Because, of the way the market has been down for the last 2 years, many people saw the end of Bitcoin. But, proving everyone wrong, Bitcoin is moving forward at its own pace.

The last 2 years' all-time high touched today. Bitcoin touched around $52,055 today. Which is the best in the last 2 years. Along with Bitcoin, Ethereum is also having its best time. Currently adding new dollars to the total market cap. The entire part of which is going to Bitcoin, as a result of which Bitcoin's dominance is constantly increasing. But this is not a bad impact. Rather good sign for cryptocurrency.

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Screenshots From TradingView

In the 15-minute short candle, we can see that the market is following a trade line and making a price movement. This price movement is sometimes up and sometimes down. However, in the midst of these up-downs, the price is moving upwards. And the prize of another coin continues to move upwards in this way.

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Screenshots From TradingView

On the 4-hour candle, the Ascending pattern forms, and this pattern always breaks upwards. And Bitcoin has done just that in my analysis blog. This pattern has broken upwards. Due to this movement, I can predict that Bitcoin will see the $55,000 mark in the next few days.

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Screenshots From TradingView

And the last 1 month's candle is showing the whole market bull scene. This means, that for the past 6 months, the monthly candle has been moving green and showing upside movement. And today Bitcoin touched its all-time high in the last 2 years. Bitcoin's halving is still 63 days away and in the meantime, Bitcoin is heading towards its all-time high. Hopefully, before or after the halving, Bitcoin will continue to break its $69,000 record and create new all-time highs.


Published On:- 14 February, 2024



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