Exness: Bitcoin Shows Records, New Highs Are Coming

Exness: Bitcoin Shows Records, New Highs Are Coming

BTC hit highs against fiat currencies this week, surpassing its previous record since December 2017. Soon we can count on the continued growth of the price of this cryptocurrency. This is the opinion of Exness Education experts based on the results of a technical analysis of the four-hour BTCKRW chart plus futures and volume for BTCUSD.

Bitcoin's highs against fiat this week were £21.8 million, according to Exness's official website. This is a new record. In December 2017, this figure was at the level of 20.5 million pounds. The mood on the crypto market is positive.

According to the analysis, the technical picture for BTCKRW is good: there is no obvious resistance on the chart. There will definitely be new highs. Although Exness says, that consolidation or correction is favorable over the next few weeks.

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