On Sunday, November 10, values of the first digital currency reached an all-time high of $79,788.
Bitcoin instantly reached $80,000.
BTC/USDT minute chart of the Binance exchange. Data: TradingView.
Hourly chart of Binance BTC/USDT. Data: TradingView.
At the time of writing, Bitcoin is trading at $78,900.
After the first cryptocurrency, other digital assets from the top 10 continued to grow. Cardano (+32.1%) and Dogecoin (+10.4%) gained the most during the day.
Data: CoinGecko.
The total capitalization of the digital asset market is $2.83 trillion. Bitcoin dominance index – 58.9%.
according to Congressthe total number of liquid positions during the day was $385 million, $280 million were shorts.
Liquid map. Data: Coinglass.
Bitcoin early adopter Tour Demester urged investors to refrain from making rash decisions.
$79k bitcoin, new ATH. Dear people, this is only the beginning. This is a time to be right and sit tight. No rash action required, HODLing will do the work for you. pic.twitter.com/SWBCrQovOu
— Tuur Demeester (@TuurDemeester) November 10, 2024
“Bitcoin at $79,000, ATH. Be warned, this is just the beginning. This is the time to be right and sit tight. No need to rush, HODL does the work for you,” he wrote.
Expert Checkmate shared his bullish sentiments. According to him, despite the new heights of the first cryptocurrency, the distance between the price and 200 DMA still “cooling down”.
Even with these new products #Bitcoin ATHs, the distance between price and the 200DMA is still cooled off.
The Mayer Multiple Z-Score is only slightly above 0, meaning we are close to the long-term average (with plenty of room to run).
Love to see it. pic.twitter.com/vdj5IEAfO6
— _Checkmate 🟠🔑⚡☢️🛢️ (@_Checkmatey_) November 10, 2024
“The Mayer Multiple Z-Score is just slightly above zero, which means we are close to the long-term average (with plenty of room for growth). I love to see this,” he wrote.
On Wednesday, November 6, quotes the first cryptocurrency Maximum update history at $75,000 the next day, digital gold collected above the $76,000 mark against the backdrop of another rate cut A deer.
Let us remind you that on November 9, Bitcoin will be again beaten ATH over $77,000.
Earlier, Fundstrat co-founder Tom Lee predicted the growth of the first digital currency exceed $100,000 by the end of 2024.
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2024-11-10 10:07:00
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