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Metafx
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The trusted source for everything in the world of foreign exchange, central banking and economic news. The fastest forex news and analysis.

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January 9, 2025 at 9:38 PM
January 9, 2025 at 5:51 AM
5/ $105,600
January 6, 2025 at 7:51 PM
4/increase the bullish bias and have traders looking toward higher levels.

The peak in bitcoin reached $108.364 in 2024 - a new all-time high for the digital index. That will ultmately be the target on a break above $103.647 if the price can stay above that level. There is interim resistance at
January 6, 2025 at 7:50 PM
3/against the $100K level (the high reached $99,857). After rotating to $98.683, the buyers came in, pushed above $100,000 and the momentum higher increased.

The high price today has reached $102,814. The next target area comes in at $103,647. Gettting and staying above that area is needed to
January 6, 2025 at 7:49 PM
2/The price started to extend higher.

That move saw the price move higher last week and into the weekend. The dips did find support buyers ahead of the rising 100-hour MA (blue line on the chart above), but held and pushed higher. In trading today, the price high initially found early sellers
January 6, 2025 at 7:48 PM