Ama-Bitcoin Marks End we-Bear Era njengoba engena eduze kakhulu nesikhathi saso sonke esiphakeme

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Bitcoin (BTC) has marked the end of an era, as the benchmark cryptocurrency closes the door to its recent multi-year bear market and aims for a new all-time high.

BTC is now on the brink of breaking the $18,000 psychological resistance, with bulls dramatically destroying every pre-existing key resistance level.

The cryptocurrency has now been on this upward trajectory for about 73 days, with mild pullbacks and consolidations along the way, but mostly strong bullish rallies. That said, this bull run has been regarded as one of the most steady and prolonged parabolic trends in the history of the cryptocurrency.

This trend has mainly been driven by intense fundamental factors, including massive corporate adoption and rapidly increasing new wallets.

Meanwhile, one trader has noted that the days of seeking $10,000 entries are gone, permanently. Although he doesn’t see the cryptocurrency reaching a new all-time high this year, he believes that 2021 will be filled with new ATH upon ATH.

The decisive break above the $17,000 area is an incredibly bullish signal for the cryptocurrency, considering the importance the level holds for analysts and investors since 2017. That said, what the market does in the near-term at this price level ($17,750) will determine what we should expect in the coming weeks.

Izinga le-BTC elisemqoka elizobukwa - Novemba 17

Bitcoin continues to shatter resistance levels as it continues to make its way up to our trendline. In an unlikely event of a fall from this level, the $17,000 psychological support area should prevent any subsequent declines. The firm break above $17,000 is incredibly bullish, as this has long been a level that analysts and investors have been closely watching.

Okwamanje, amazinga ethu aphikisayo okumelana aku- $ 17,940, $ 18,465, no- $ 18,800. Ngenkathi amazinga wethu wokusekelwa abalulekile eku- $ 17,000, $ 16,500, naku- $ 16,000.

Inani eliphelele lemakethe: $ 495 billion

Inhlokodolobha yemakethe yeBitcoin: $ 325 billion

Ukubusa kweBitcoin: 65.6%

Qaphela: I-Learn2.Trade ayisiye umeluleki wezezimali. Yenza ucwaningo lwakho ngaphambi kokutshala izimali zakho kunoma iyiphi impahla yezezimali noma umkhiqizo owethulwe noma umcimbi. Asinacala ngemiphumela yakho yokutshala imali.