Don’t invest unless you’re prepared to lose all the money you invest. This is a high-risk investment and you are unlikely to be protected if something goes wrong. Take 2 minutes to learn more
Service for copy trading. Our Algo automatically opens and closes trades.
The L2T Algo provides highly profitable signals with minimal risk.
24/7 cryptocurrency trading. While you sleep, we trade.
10 minute setup with substantial advantages. The manual is provided with the purchase.
79% Success rate. Our outcomes will excite you.
Up to 70 trades per month. There are more than 5 pairs available.
Monthly subscriptions begin at £58.
BTCUSD Powers through Several Barriers to $50,000
BTCUSD powers through multiple barriers, completing a noteworthy recovery to $47,000 and further surging to reach $50,000. In mid-January, Bitcoin initially embarked on this ascent towards $50,000 but encountered resistance, resulting in a rejection at $47,000. This setback triggered a rapid decline, driving the price to nearly $38,000 within two weeks.
BTCUSD Key Levels
Supply Levels: $45,000, $47,570, $50,000
Demand Levels: $42,000, $39,800, $38,000
Subsequently, the bulls took charge of the market, initiating a recovery. The persistent pressure on the $43,750 barrier led to its violation, enabling Bitcoin to navigate through subsequent key levels and reclaim the $47,000 mark previously rejected.
Analyzing the daily chart, the coin surpassed $47,000 and propelled beyond the upper border of the parallel channel, simultaneously extending the upper Bollinger Band to reach $50,000. This marks the first instance of reaching this level since 2021. The EFI (Elders Force Index) line demonstrated robust upward momentum, surpassing the zero level.
On the 4-hour timeframe, the price initially rode on the middle line of the Bollinger Band while constrained below $43,750. The recent upsurge now sees the market stretching the upper Bollinger Band, breaking beyond the upper border of the parallel channel. Having reached $50,000, the bulls are poised to defend this level, supported by strong crypto signals indicating positive momentum in the market.
How To Buy Lucky Block
Note: Learn2.trade is not a financial advisor. Do your research before investing your funds in any financial asset, product, or event. We are not responsible for your investment results.
- Broker
- Min Deposit
- Score
- Visit Broker
- Award-winning Cryptocurrency trading platform
- $100 minimum deposit,
- FCA & Cysec regulated
- 20% welcome bonus of upto $10,000
- Minimum deposit $100
- Verify your account before the bonus is credited
- Over 100 different financial products
- Invest from as little as $10
- Same-day withdrawal is possible
- Fund Moneta Markets account with a minimum of $250
- Opt in using the form to claim your 50% deposit bonus