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Advertisement
<a rel="nofollow" target="_blank" href="https://coinmarketcap.com/">Top 10 coins by CoinMarketCap</a>
Meanwhile, the market share of Bitcoin (BTC) keeps going down and is now at 60.2%.
<a rel="nofollow" target="_blank" href="https://coinmarketcap.com/charts/#dominance-percentage">BTC’s market share</a>
The relevant data for Bitcoin is looking the following way:
<ul>
<li aria-level="1" dir="ltr">
Name: Bitcoin
</li>
<li aria-level="1" dir="ltr">
Ticker: BTC
</li>
<li aria-level="1" dir="ltr">
Market Cap: $875,665,157,912
</li>
<li aria-level="1" dir="ltr">
Price: $47,009.11
</li>
<li aria-level="1" dir="ltr">
Volume (24h): $78,007,916,739
</li>
<li aria-level="1" dir="ltr">
Change (24h): -1.75%
</li>
</ul>
The data is relevant at press time.
BTC/USD: Can Bitcoin fix above $50,000 shortly?
The rate of Bitcoin (BTC) has gone down over the last day. The price change has accounted for -1.75%.
<a rel="dofollow" href="https://www.tradingview.com/symbols/BTCUSD">BTC/USD chart by TradingView</a>
On the hourly chart, Bitcoin (BTC) is about to show a reversal as the leading crypto has retested the liquidity level around $47,000.
<a rel="nofollow" target="_blank" href="#-xrp-doge-xlm-ada-and-iota-price-analysis-for-february-12">card</a>
In this case, the nearest target is located at the resistance of $48,200.
<a rel="dofollow" href="https://www.tradingview.com/symbols/BTCUSD">BTC/USD chart by TradingView</a>
On the bigger time frame, Bitcoin (BTC) has not gone below $47,000 which means that there is the potential to see a retest of the level of $48,700 next week.
<a rel="dofollow" href="https://www.tradingview.com/symbols/BTCUSD">BTC/USD chart by TradingView</a>
From the long-term point of view, Bitcoin (BTC) is on the way to the crucial mark of $50,000. The possibility of such a move is confirmed by the bullish divergence on the RSI indicator and buying trading volume.
Bitcoin is trading at $47,034 at press time.
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Drupal\cryptocompare\TwigExtension\RemoveSpace->formatbody(Array) (Line: 54)
__TwigTemplate_75845256f703f5319a38e035b4af7dd9->doDisplay(Array, Array) (Line: 394)
Twig\Template->displayWithErrorHandling(Array, Array) (Line: 367)
Twig\Template->display(Array) (Line: 379)
Twig\Template->render(Array, Array) (Line: 40)
Twig\TemplateWrapper->render(Array) (Line: 53)
twig_render_template('themes/cryptod/templates/field--body.html.twig', Array) (Line: 372)
Drupal\Core\Theme\ThemeManager->render('field', Array) (Line: 436)
Drupal\Core\Render\Renderer->doRender(Array, ) (Line: 204)
Drupal\Core\Render\Renderer->render(Array) (Line: 474)
Drupal\Core\Template\TwigExtension->escapeFilter(Object, Array, 'html', NULL, 1) (Line: 1002)
__TwigTemplate_625426e732c5f7a66fde6d628d98a6b2->doDisplay(Array, Array) (Line: 394)
Twig\Template->displayWithErrorHandling(Array, Array) (Line: 367)
Twig\Template->display(Array) (Line: 62)
__TwigTemplate_e934e56c1e459c359b150360c7169113->doDisplay(Array, Array) (Line: 394)
Twig\Template->displayWithErrorHandling(Array, Array) (Line: 367)
Twig\Template->display(Array) (Line: 379)
Twig\Template->render(Array, Array) (Line: 40)
Twig\TemplateWrapper->render(Array) (Line: 53)
twig_render_template('themes/cryptod/templates/node.html.twig', Array) (Line: 372)
Drupal\Core\Theme\ThemeManager->render('node', Array) (Line: 436)
Drupal\Core\Render\Renderer->doRender(Array, ) (Line: 204)
Drupal\Core\Render\Renderer->render(Array, ) (Line: 238)
Drupal\Core\Render\MainContent\HtmlRenderer->Drupal\Core\Render\MainContent\{closure}() (Line: 583)
Drupal\Core\Render\Renderer->executeInRenderContext(Object, Object) (Line: 239)
Drupal\Core\Render\MainContent\HtmlRenderer->prepare(Array, Object, Object) (Line: 128)
Drupal\Core\Render\MainContent\HtmlRenderer->renderResponse(Array, Object, Object) (Line: 90)
Drupal\Core\EventSubscriber\MainContentViewSubscriber->onViewRenderArray(Object, 'kernel.view', Object)
call_user_func(Array, Object, 'kernel.view', Object) (Line: 111)
Drupal\Component\EventDispatcher\ContainerAwareEventDispatcher->dispatch(Object, 'kernel.view') (Line: 187)
Symfony\Component\HttpKernel\HttpKernel->handleRaw(Object, 1) (Line: 76)
Symfony\Component\HttpKernel\HttpKernel->handle(Object, 1, 1) (Line: 58)
Drupal\Core\StackMiddleware\Session->handle(Object, 1, 1) (Line: 48)
Drupal\Core\StackMiddleware\KernelPreHandle->handle(Object, 1, 1) (Line: 191)
Drupal\page_cache\StackMiddleware\PageCache->fetch(Object, 1, 1) (Line: 128)
Drupal\page_cache\StackMiddleware\PageCache->lookup(Object, 1, 1) (Line: 82)
Drupal\page_cache\StackMiddleware\PageCache->handle(Object, 1, 1) (Line: 48)
Drupal\Core\StackMiddleware\ReverseProxyMiddleware->handle(Object, 1, 1) (Line: 51)
Drupal\Core\StackMiddleware\NegotiationMiddleware->handle(Object, 1, 1) (Line: 51)
Drupal\Core\StackMiddleware\StackedHttpKernel->handle(Object, 1, 1) (Line: 704)
Drupal\Core\DrupalKernel->handle(Object) (Line: 18)
Warning: Undefined array key 1 in Drupal\cryptocompare\TwigExtension\RemoveSpace::getcard() (line 3186 of modules/custom/cryptocompare/src/TwigExtension/RemoveSpace.php). Drupal\cryptocompare\TwigExtension\RemoveSpace::getcard('The market has entered a short-term correction phase as some coins have come back to the red zone.
Advertisement
<a rel="nofollow" target="_blank" href="https://coinmarketcap.com/">Top 10 coins by CoinMarketCap</a>
Meanwhile, the market share of Bitcoin (BTC) keeps going down and is now at 60.2%.
<a rel="nofollow" target="_blank" href="https://coinmarketcap.com/charts/#dominance-percentage">BTC’s market share</a>
The relevant data for Bitcoin is looking the following way:
<ul>
<li aria-level="1" dir="ltr">
Name: Bitcoin
</li>
<li aria-level="1" dir="ltr">
Ticker: BTC
</li>
<li aria-level="1" dir="ltr">
Market Cap: $875,665,157,912
</li>
<li aria-level="1" dir="ltr">
Price: $47,009.11
</li>
<li aria-level="1" dir="ltr">
Volume (24h): $78,007,916,739
</li>
<li aria-level="1" dir="ltr">
Change (24h): -1.75%
</li>
</ul>
The data is relevant at press time.
BTC/USD: Can Bitcoin fix above $50,000 shortly?
The rate of Bitcoin (BTC) has gone down over the last day. The price change has accounted for -1.75%.
<a rel="dofollow" href="https://www.tradingview.com/symbols/BTCUSD">BTC/USD chart by TradingView</a>
On the hourly chart, Bitcoin (BTC) is about to show a reversal as the leading crypto has retested the liquidity level around $47,000.
<a rel="nofollow" target="_blank" href="#-xrp-doge-xlm-ada-and-iota-price-analysis-for-february-12">card</a>
In this case, the nearest target is located at the resistance of $48,200.
<a rel="dofollow" href="https://www.tradingview.com/symbols/BTCUSD">BTC/USD chart by TradingView</a>
On the bigger time frame, Bitcoin (BTC) has not gone below $47,000 which means that there is the potential to see a retest of the level of $48,700 next week.
<a rel="dofollow" href="https://www.tradingview.com/symbols/BTCUSD">BTC/USD chart by TradingView</a>
From the long-term point of view, Bitcoin (BTC) is on the way to the crucial mark of $50,000. The possibility of such a move is confirmed by the bullish divergence on the RSI indicator and buying trading volume.
Bitcoin is trading at $47,034 at press time.
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Drupal\cryptocompare\TwigExtension\RemoveSpace->formatbody(Array) (Line: 54)
__TwigTemplate_75845256f703f5319a38e035b4af7dd9->doDisplay(Array, Array) (Line: 394)
Twig\Template->displayWithErrorHandling(Array, Array) (Line: 367)
Twig\Template->display(Array) (Line: 379)
Twig\Template->render(Array, Array) (Line: 40)
Twig\TemplateWrapper->render(Array) (Line: 53)
twig_render_template('themes/cryptod/templates/field--body.html.twig', Array) (Line: 372)
Drupal\Core\Theme\ThemeManager->render('field', Array) (Line: 436)
Drupal\Core\Render\Renderer->doRender(Array, ) (Line: 204)
Drupal\Core\Render\Renderer->render(Array) (Line: 474)
Drupal\Core\Template\TwigExtension->escapeFilter(Object, Array, 'html', NULL, 1) (Line: 1002)
__TwigTemplate_625426e732c5f7a66fde6d628d98a6b2->doDisplay(Array, Array) (Line: 394)
Twig\Template->displayWithErrorHandling(Array, Array) (Line: 367)
Twig\Template->display(Array) (Line: 62)
__TwigTemplate_e934e56c1e459c359b150360c7169113->doDisplay(Array, Array) (Line: 394)
Twig\Template->displayWithErrorHandling(Array, Array) (Line: 367)
Twig\Template->display(Array) (Line: 379)
Twig\Template->render(Array, Array) (Line: 40)
Twig\TemplateWrapper->render(Array) (Line: 53)
twig_render_template('themes/cryptod/templates/node.html.twig', Array) (Line: 372)
Drupal\Core\Theme\ThemeManager->render('node', Array) (Line: 436)
Drupal\Core\Render\Renderer->doRender(Array, ) (Line: 204)
Drupal\Core\Render\Renderer->render(Array, ) (Line: 238)
Drupal\Core\Render\MainContent\HtmlRenderer->Drupal\Core\Render\MainContent\{closure}() (Line: 583)
Drupal\Core\Render\Renderer->executeInRenderContext(Object, Object) (Line: 239)
Drupal\Core\Render\MainContent\HtmlRenderer->prepare(Array, Object, Object) (Line: 128)
Drupal\Core\Render\MainContent\HtmlRenderer->renderResponse(Array, Object, Object) (Line: 90)
Drupal\Core\EventSubscriber\MainContentViewSubscriber->onViewRenderArray(Object, 'kernel.view', Object)
call_user_func(Array, Object, 'kernel.view', Object) (Line: 111)
Drupal\Component\EventDispatcher\ContainerAwareEventDispatcher->dispatch(Object, 'kernel.view') (Line: 187)
Symfony\Component\HttpKernel\HttpKernel->handleRaw(Object, 1) (Line: 76)
Symfony\Component\HttpKernel\HttpKernel->handle(Object, 1, 1) (Line: 58)
Drupal\Core\StackMiddleware\Session->handle(Object, 1, 1) (Line: 48)
Drupal\Core\StackMiddleware\KernelPreHandle->handle(Object, 1, 1) (Line: 191)
Drupal\page_cache\StackMiddleware\PageCache->fetch(Object, 1, 1) (Line: 128)
Drupal\page_cache\StackMiddleware\PageCache->lookup(Object, 1, 1) (Line: 82)
Drupal\page_cache\StackMiddleware\PageCache->handle(Object, 1, 1) (Line: 48)
Drupal\Core\StackMiddleware\ReverseProxyMiddleware->handle(Object, 1, 1) (Line: 51)
Drupal\Core\StackMiddleware\NegotiationMiddleware->handle(Object, 1, 1) (Line: 51)
Drupal\Core\StackMiddleware\StackedHttpKernel->handle(Object, 1, 1) (Line: 704)
Drupal\Core\DrupalKernel->handle(Object) (Line: 18)
Alex Dovbnya
Valeria Blokhina
