Bitcoin and stocks should continue to see a solid bid, analysis concludes, as BTC price strength takes bulls ever closer to the top of the range.
Bitcoin (BTC) took aim at January highs on Feb. 9 as bulls beat out overhead resistance.
Data from Cointelegraph Markets Pro and TradingView captured a fresh BTC price uptick to $46,365 on Bitstamp.
Up over 2% since the daily close, BTC/USD dealt with increasing sell-side liquidity as it returned to levels not seen since the launch of the United States spot Bitcoin exchange-traded funds (ETFs).
Read more
Source: https://cointelegraph.com/news/bitcoin-price-46k-sp-500-historic-highs