The cryptocurrency market is experiencing historic events with Bitcoin hitting a new record and Jasmycoin showing significant growth.
Bitcoin Reaches New Record
Bitcoin (BTC) has reached an all-time high of $121,000. This event has impacted the overall cryptocurrency market dynamics, accelerating the growth of many altcoins.
Jasmycoin Shows Impressive Growth
Jasmycoin (JASMY) jumped 12% today, raising its weekly gain to 38%. Charts reveal the formation of a harmonic pattern known as the 'Bearish Bat', which may indicate further growth.
Prospects for JASMY in the Market
JASMY is testing the 200-day moving average at $0.01874, a critical resistance point. A successful breakout above this level could lead to a rise toward the target zone where the harmonic pattern completes, potentially exceeding 140% from the current price.
Monitoring JASMY's movement and overcoming key levels can provide clarity to traders regarding its future prospects amid rising Bitcoin prices.
