As the crypto market reclaims $2 trillion bitcoin (BTC) made a strong move above $45,000 on the day.
Afterwards, BTC, which was rejected from these levels, fell to $ 42,700.
Famous analyst who made a statement after the last movements of Bitcoin Lark Davis While talking about Bitcoin, he focused on the possibility of reaching an all-time high in March 2022.
Davis,
The last two times BTC rallied 54% and 42% when it broke above the MA50 level in the daily period. If history repeats itself, we could see BTC rally in the $60,000 range in the next few weeks.
said.
He also added:
The price experienced a serious acceleration 40 and 45 days after the last two MA50 breakouts in Bitcoin. This event has just happened again, we’ll see if a new ATH comes in March.
On the other hand, when we look at the news side, it is seen that whales continue to stock BTC. In particular, MicroStrategy and El Salvador continue to fill their BTC wallets. As of yesterday, the announcement from KPMG Canada has stirred the markets. In the said announcement, Bitcoin and Bitcoin were added to KPMG’s balance sheets. EthereumSaid to add .