Bitcoin has managed to surpass $ 35,000 and mark an all-time high for 2021.
Record from bitcoin
After a solid buildup yesterday, Bitcoin’s price managed to surpass another significant level. BTC climbed above $ 35,000 and reached an all-time high in 2021.
Bitcoin’s price hits an all-time high of $ 35,879 on Bitstamp.
At the time of this writing, the cryptocurrency is trading at around $ 35,400, up 13.8% daily.
Levels to watch
Looking ahead, the initial resistance level above the current price tag is $ 35,500, followed by the short term 1,272 Fib level at $ 36,235. Above that, we can probably expect more selling pressure around $ 37,150.
On the other hand, if the price breaks down, the first level of support to consider is $ 33,000. After that, it’s $ 32,100, $ 31,345 and $ 30,000.
It is interesting to see how the price evolves in the near future. The past few days have been particularly volatile, and the daily trading range mentioned above confirms this.
It is important to be vigilant and extremely careful, especially during daily trading.