Bitcoin rockets above $18,000

Bitcoin rally is in full swing as buyers managed to push the price above $18 000 a level not seen since December 2017. The upward move is expected to continue towards the $20,000 level, as many investors see the digital currency as a possible inflation hedge. Bitcoin’s price more than doubled since January, propelled by coronavirus stimulus measures, validation from public companies and rising interest among major investors.

BITCOIN - the $18,500 level remains the major resistance before a new all-time high above $20,000. However RSI is in the overbought area which could herald a potential correction. The nearest support is lies around $16,000 level and is strenghtned 50 SMA (green line) on the 4-hour chart. Source: xStation5

Looking at the higher interval, one can see that other altcoins besides Ethereum lag behing compared to the Bitcoin rally. Source: xStation5

10 February 2026, 6:47 PM

Daily summary: Weak US data drags markets down, precious metals under pressure again!

10 February 2026, 9:57 AM

🚨 Bitcoin drops to $69,000 📉 A 1:1 correction scenario?

9 February 2026, 1:47 PM

Market wrap: Novo Nordisk jumps more than 7% 🚀

9 February 2026, 9:54 AM

Crypto news: Bitcoin falls below $70k 📉Will crypto slide again?

Crypto

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