Last minute news: The Bitcoin price reaches the highest price in 40 days. Is it $ 5,000 next?

The February Bitcoin rally has just crossed another milestone on Tuesday when the emblematic cryptocurrency reached the $ 4,000 mark for the first time in more than a month.

The cryptography market had entered the US operations session. UU On a slope, based on the profits that consolidated after his last jump on February 8.

Shortly after 14:40 UTC, one or more of the major purchase orders caused a sudden increase in the bitco preco, which enabled him to coke the $ 4,000 level before returning to a present value of 3,955 in Bitstamp.

That move took Bitcoin to a 40-day maimo, since on January 10, the last time the cryptocurrency traded at $ 4,000 or more

While today's movement could increase the case that the bear market of the cryptocurrency has finally come to an end, analysts, including mati greenspan of eToro, have said that the key psychological and technical resistance to $ 5,000 represents a more accurate of the resistance of this recovery.

Will the crypto market be the storm that deconstructs the castle?

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