Back
Bitcoin surpasses $ 59,000 - what's next?
Bitcoin rallied sharply on Friday morning, surging nearly $ 2,000 an hour and surpassing the $ 59,000 mark
Oct 15, 2021
1 min read
Anna BakkerNews analyzer

Bitcoin surpasses $ 59,000 - what's next?

Bitcoin rallied sharply on Friday morning, surging nearly $ 2,000 an hour and surpassing the $ 59,000 mark.

The first cryptocurrency hit semi-annual highs in mid-April and may hit record highs in the near future.

“The crypto market continues to delight investors. Bitcoin has gained 10% over the past seven days. The alternative cryptocurrency market is also showing a very positive end to the work week.

The news that the US has become the world leader in the hashrate of the BTC network is positive, ”said the Gravity Plus analyst group.

The main fuel for growth today has become a Bloomberg article, as is often the case recently. According to the publication, the US Securities and Exchange Commission (SEC) is preparing to approve an ETF for Bitcoin futures next week.

According to Bybt, over the past 24 hours, 47.1 thousand positions of traders have been liquidated for a total of $ 206 million. The largest one-time BTC liquidation order of $ 10 million was executed on Bitmex.

Renowned cryptanalyst Plan B using the S2F model predicts that Bitcoin's all-time highs will be refreshed at the end of October. In December, BTC will surpass $ 100,000. Cryptocurrency exchange experts Kraken also believe the flagship asset could reach $ 100,000 by the end of this year.

Amarkets traders enjoy instant NDD execution without dealing with dealing issues.

Last article
Read other articles
Anna Bakker News analyzer
The crypto asset market could collapse, said John Cunliffe, Deputy Governor of the Bank of England.
Oct 14, 2021
2 min read
Anna Bakker News analyzer
New South African strain of coronavirus dubbed the Greek letter omicron plummets in markets on Friday
Nov 29, 2021
1 min read
Peter Janssen Market expert
Find out who is more effective at trading and why. Is it worth a person to trade or is it better to delegate it to automated trading systems.
Jul 20, 2021
4 min read
Forex Expert Advisors for your Profits
Forex trading robots based on AI. Innovative trading technologies for a stable growth of your profits