The price of Bitcoin boils down to $ 97,469 per coin after an idle of about $ 94,000 for most of the day. The volume of bitcoins gained 24.27 billion dollars. The USA, commanding 33.11% of all transactions registered today.
Bitcoin re -applies rage
The host of Crypto -Activ, Bitcoin (BTC), rose to more than $ 3,500 during May 5. The last maximum was registered immediately after 8:20 pm on east time on Tuesday. During print, BTC passes into hands at the level of $ 97,283. The token grew by 2% in 24 hours and 2.8% in the week. According to the latest data, Bitcoin’s Uptick raised a wider market, which currently costs $ 2.98 trillion after daily profit of 1.16%.
Bitcoin is now struggling with a huge resistance of $ 97,800, $ 98,000 and throughout subsequent prices. Four days ago, BTC printed a peak of 97,938 dollars and has not yet overshadowed it, even the bulls insist tonight. After this particular peak, the coin drifted below in a constant retreat, which ended with sharp on May 5th. Severe sales accompanied the descent.
The current oscillator metrics are transmitted carefully to the optimistic forecast for BTC/USD. The relative strength index (RSI), which is close to 66, indicates the invasion of the levels of the over -and -out, at the same time dragging within neutral parameters, the alarm is stable dynamics of accumulation without turning into speculative excess. The average direction index (ADX), which registers at 30, signals the emergence of a trajectory of a trend that consolidates the impulse without achieving the final dominance of the direction.
Today’s rebound indicates the reviving enthusiasm of investors and a potential psychological turn after a recent recovery. The current data on Koinghelle reveal more than $ 40 million to short positions of BTC, forcibly divided over the past four hours, and more than $ 55 million was eliminated during the previous 24-hour period. Collective market signals in all areas are increasingly leveled with ripening bull posture, although it still works within the framework of softened, faulty parameters.
“As Bitcoin again approaches $ 100,000, a growing topic for private companies to add more BTC to his balance, about 70 companies are currently doing this around the world,” Greg Magadini, director of derivatives in Amberdata, said on Tuesday evening. “Combine this topic with the return of tributaries to Bitcoin -etf, and now the new ATH has returned to the field of view.”
Magadini added:
During the call, MSTR last week Saylor suggested that MSTR would double its acquisition plans from 21/21 to 42/42, planning to raise $ 84 billion for BTC purchases over the next two years.
