Today, April 2, bitcoin demonstrated a sudden rise in price approximately for an hour managed to test the level of $5000.

30-minute chart of the BTC/USD exchange Bitstamp from TradingView

Bitcoin has been growing for the seventh consecutive week. On a larger timeframe visible in the sequence of higher lows and highs, confirming the continuation of the uptrend and, apparently, a reversal of long-term trends.

Weekly chart of BTC/USD exchanges are Bitstamp from TradingView

As usual, bitcoin pulled him up almost the rest of the market. So now looks like the first top ten CoinMarketCap:

The current index of the dominance of bitcoin — 51,2%, the total market capitalization of $157 billion.

Informed CoinDesk analysts have suggested that already passed $4220 is key for bitcoin, it confirms the change long-term trend.

The message is restored to the Bitcoin price appeared first on crypto.by.