The level of 52 thousand dollars has also been passed in Bitcoin and the rally continues. Bitcoin is trading at $ 52,125 this morning. The price, which increased by 5.6 in the last 24 hours, rose 77 percent since the beginning of the year.
TradingAnalysis.com founder Todd Gordon told CNBC that he expected the rally to continue in Bitcoin.
"We see institutional players and companies entering the market. I do not see any limits in this rally. I do not want to be in an extreme upward expectation, but even simple technical analysis shows us that there is no resistance up to 170 thousand dollars," he said.
Stating that the market value of Bitcoin is still $ 1 trillion and the market value of gold is $ 10.5 trillion, Gordon said, "I think there is still a lot to go."Güncelleme Tarihi: 02 Mart 2021, 21:25