According to Coinstats, the market is unlikely to fall.
BTC/USD
The Bitcoin (BTC) percentage rose 3.09% today, setting a new all-time high today.
The hourly chart sets a local resistance priced at $111,888 for BTC. With most of the daily ATRs passed, traders have all the chance to witness sharp moves by the end of the day.
In larger time frames, major ciphers are increasing speed.
We can expect further growth to a new peak until prices exceed that mark.
Similar photos will be displayed on the weekly chart. If the candle closes near the peak of the bar and doesn’t have a long wick, you can expect a test of the $115,000 mark immediately.
Bitcoin is trading at $110,909 at press time.
