• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M
Bitcoin Reaches All-Time High: Price Hits $107,822

Bitcoin Reaches All-Time High: Price Hits $107,822

user avatar

by Giorgi Kostiuk

a year ago

Bitcoin has reached a new record, continuing its strong uptrend. The price has surpassed $107,000, with its Energy Value reaching $100,000 for the first time.

Bitcoin Price Surge

Bitcoin's price surged 2% in the last 24 hours, reaching $106,162 with a trading volume of $97.9 billion. The price peak was $107,822, followed by a slight correction. Its Energy Value reached $100,000 for the first time.

Current Trend Analysis

Since late October, Bitcoin has been in a strong uptrend, moving within an ascending channel pattern. Prices consistently test new highs and lows. Positive momentum is supported by the 50-day and 200-day SMAs. The current RSI approaches the overbought territory, indicating potential temporary resistance or a pullback.

BTC Price Prediction

Given the current price range, indicators, and ascending channel, the price could test $108,000. If selling pressure increases, prices might drop to the channel boundary at $96,000 or the 200-day SMA at $96,483.

Bitcoin continues its bullish trend, reaching new highs despite potential short-term resistance.

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

chest

Other news

UK Lawmakers Push for Ban on Crypto Donations Amid Transparency Concerns

chest

UK lawmakers are advocating for a temporary ban on crypto donations to political figures and parties due to concerns about transparency and foreign influence.

user avatarFilippo Romano

ChatGPT Enhances Financial Advice with New Feature

chest

ChatGPT's new personal finance feature enhances financial advice by analyzing users' spending data from the last 90 days to create personalized financial plans.

user avatarEmily Carter

OpenAI Introduces Personalized Finance Feature in ChatGPT

chest

OpenAI has launched a new personal finance feature in ChatGPT that connects to users' actual bank accounts, providing tailored financial advice based on their spending habits.

user avatarTomas Novak

Hana Financial Group Makes Major Investment in Dunamu

chest

Hana Financial Group announced a major investment in Dunamu, acquiring a 65.5% stake for approximately 1 trillion Korean won, marking the largest investment by a South Korean bank in a digital asset company.

user avatarLeo van der Veen

Hana Financial and Dunamu Collaborate on Digital Asset Services

chest

Hana Financial and Dunamu have signed a memorandum of understanding to develop services that integrate traditional banking with digital assets.

user avatarMaya Lundqvist

CME and ICE Push for Federal Oversight of Hyperliquid

chest

CME Group and Intercontinental Exchange are lobbying for federal oversight of Hyperliquid, citing concerns over market manipulation and sanctions evasion.

user avatarKaterina Papadopoulou

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.