Over the course of the last few days, Bitcoin and the cryptocurrency market as a whole have been moving generally upward. The leading cryptocurrency, Bitcoin, has seen its price go up for a consecutive twelve days in a row now. According to CryptoNewsLand, this is currently the second-longest winning streak in the history of Bitcoin.
The price of Bitcoin (BTC) has seen a surge over the course of the past week, with bulls establishing a new high of $21,345.25 as their weekly high. This provides traders and investors with a positive outlook, as it appears that the price of Bitcoin will undergo a sustained upward trend in the days ahead.
In addition to this, the market capitalization of Bitcoin has broken a record by going above a market capitalization of $410 billion, which is an increase of 1.96%. This is due to the fact that the bulls have been controlling the Bitcoin market for the past few days, during which time they have been responsible for correcting Bitcoin market prices.
The current price of Bitcoin, as of this writing, is trading at $21,179.20, which is a gain of 1.98% over the course of the last 24-hours. The price of BTC is fluctuating between $20,606.99 (support) and $21,345.25 (resistance) at the moment. Bitcoin’s trading volume has dropped by 22.97% in the last twenty-four hours, reaching a total of $21,875,811,011.
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