Bitcoin Is Steadily Moving Up – 7.4% Growth During the Day
The crypto market received hope for recovery – on Friday, February 4, Bitcoin managed to overcome the critical level of $40,000. The first cryptocurrency showed a daily growth of 7.4%.
The leader of the market has not shown such growth since mid-January of the current year. Along with the growth of Bitcoin, the trading volumes also expectedly increased. It pulled Ethereum up along the way, and after them all the participants in the top ten joined the race.
Experts recommend following the levels of support and resistance, and the important level is the mark of $41,000-$42,000. Eric Wall of Arcane Crypto warns of an impending panic.