fxstreet.com 12 Feb, 2021 06:30 am

Fresh highs of $49k with bulls well on their way to $50k

In the prior analysis, BTC/USD Price Analysis: What it might take to crack $50,000, a series of prospective price action was laid out as the potential

In the prior analysis, BTC/USD Price Analysis: What it might take to crack $50,000 , a series of prospective price action was laid out as the potential route for bulls to reach the psychological $50k mark.Prior analysis, daily chart As explained in the prior analysis, the price was expected to find support on the 38.In the following, with the price now printing a fresh higher high of $49,000, it is illustrated as to how the price is advancing and in accordance with the prior price action trajectory forecasting such an outcome.It is also illustrated that the price is highly bullish on the 4-hour time frame and $50k is a very realistic target.

Live market, daily chart The price, as illustrated, has indeed moved higher from the expected support zone.Daily & 4HR chart As can be seen, the price has already been supported at the structure on the 4-hour time frame and subsequently went on to print a record high.

Chief Justice Responds To Criticism Of "light Sentence" Handed Down By Judge

Tri-Valley parents, students demand more in-person days at junior/senior high school

Former Tennis Ace's daughter causes stir in Bali with raunchy elephant photo

Coronavirus Texas: CVS expands COVID-19 vaccine distribution to 15 more Houston stores

NCAA Football Scores

India dangles billion-dollar incentive scheme for server, PC makers willing to open up shop on the sub-continent • The Register

75-year-old man identified as victim of deadly N.J. house fire

Watch: TN Governor on COVID-19, February 24

Zach LaVine scores 35 as Chicago Bulls beat Minnesota Timberwolves in overtime

Highest Growth Rate of 5.5% CAGR will generate 12360 Million USD in 2025 - MarketWatchMarketWatch Site LogoMarketWatch logo

New details released in deadly Eagle Point shooting

Whanganui's Tasman Tanning takes on new contract but says it won't increase chromium discharge

Don't cancel vaccination appointments

Jerry Summers: Shufflin' Phil Douglas

Mexico reports 1,006 more deaths from coronavirus disease

A front-line worker became homeless just before the pandemic hit. He's still living in his van

China target to allow air pollution to rise slightly in 2021

Xi presents medals to model poverty fighters- China.org.cn

UH’s Kasey Neubert takes pride in being a spark for the Wahine

Enterprise Medical Image Viewers Market to Experience

Jimmy Butler closes out Heat victory over Raptors

Fresh highs of $49k with bulls well on their way to $50k

AUD/USD struggles to hold 0.7700 amid risks recovery, off in Australia

US dollar weakening moderately vs yen, must be vigilant to market moves including fx

Ripple is South Korea’s most popular cryptocurrency, but XRP price stays pressured

Recovery dampened but not derailed – ANZ

Recession in 2020 not as bad as expected

Dollar regains traction on safe-haven buying, euro falls on weak German Ifo data

RBNZ to hike rates next year – Capital Economics

Buckle in – it might be a bumpy session

XAU/USD’s upside appears limited amid strong US dollar, ahead of Fed

Stimulus nerves sweep markets

The upgraded agreement makes exporting to China easier

Asian stocks drop as US stimulus jitters sour sentiment amid quiet session

Japan mulls extension to the coronavirus state of emergency

S&P 500 futures drop further as China says to conduct military drills in South China Sea

Buyers attack 50-bar SMA ahead of UK jobs report

ETH eyes $3,000 as network activity explodes and scarcity grows

Another positive surprise? GBP/USD could use a shot in the arm

GBP/USD volatility at lowest since March

When are the UK jobs and how could they affect GBP/USD?

Bitcoin holders are no longer willing to sell, paving the way for new bull run to $50,000

Markets worried about US stimulus delay, dollar rises, consumer confidence eyed

US stocks mixed ahead of key corporate earnings

Breaks monthly support line on fresh US-China tension

UK jobless rate climbs to 5.0% in Nov vs. 5.1% expected, GBP/USD unfazed

OTB Global Investments

Pandemic management has 'slipped out of control'

Bulls are ready to take back control as Britain gets a pay rise

GBP/USD keeps the red near multi-day lows, below mid-1.3600s post-UK jobs report

Ian Coleman M.S.T.A.

Stays above key SMAs as buyers attack 0.8900

Francesco Bergamini

AUD/USD rebounds from over one-week lows, back around 0.7700 mark

Will mull exit from easing policy when inflation nears 2%

Can't confirm reports on AstraZeneca vaccine’s lower efficacy

Bitcoin, Uniswap and Ethereum – European Wrap 26 January

Two things may result in a Bitcoin blow-off top, says on-chain analyst

PM conte to tender resignation in maneuver for a chance to form a third coalition

Subdued activty as new incentives awaited

Bitcoin sits on the launchpad to $42,000, as crypto bull cycle pauses

Nano Dimension Ltd skyrockets after a well-known investment firm takes a big bite

Why is it moving? The paradigm of a changing landscape

Next generation supply and demand

Will lobby for strengthening of WTO

Prime Minister Giuseppe Conte officially resigns

Will review COVID economic support measures in March

XAU/USD cracks key $1857 support as USD firms up, levels to watch

Wither the dollar?

Crypto project can help to distribute truthful health food and cosmetics data

USD/JPY shows ABC zigzag pattern in bullish reversal

Bullish potential limited, despite a better market mood

Stablecoins reserves hit new all-time high as investors prepare to re-enter the market

Microsoft (MSFT Stock) earnings reports

Bullish bias to remain intact above 10DMA

BlackBerry Ltd powers higher on partnership with Baidu

EUR/USD climbs beyond mid-1.2100s, refreshes session tops amid notable USD supply

S&P 500 Index hits new record high at 3,870

XRP is on the edge of a massive fall below $0.20

Markets gain ground as Democrats promise stimulus either way