- BTC/USD is up 10% in the last 24 hours after a massive breakout after the $10,000 level was cracked.
- Bitcoin looks unstoppable now with very little resistance towards its all-time high.
Bitcoin is currently trading at $10,900 and eying up $11,000 seeing a significant increase in trading volume and overall interest. The daily RSI is of course, overextended but it will not stop the bulls as the momentum is simply too strong.
BTC/USD daily chart
Obviously, the daily chart is now extremely bullish after Bitcoin managed to climb above all resistance levels established in 2020. There aren’t many resistance points until $12,300 now but some indicators might slow down the buyers.