Chart of the day - Bitcoin (12.02.2024)

During the weekend, Bitcoin continued its rise, breaking above the $48,000 level. Such dynamic growth is likely influenced by several significant factors. The first is the positive sentiment in traditional financial markets. Stock market indices are reaching new historical highs. Another growth driver is the renewed risk for American regional banks, which are grappling with a series of potential systemic problems. Overlaying these mainly external factors are positive news from the cryptocurrency market. This includes the upcoming Bitcoin halving and increasing net inflows into ETF funds.

On the Bitcoin (D1) chart, we can see that the recent gains have pushed the price of Bitcoin to the upper limit of the growth channel that started at the beginning of the rises in 2023. Currently, several significant components converge in the resistance zone around $48,000. Firstly, this is a key level from the period of the last bull market, which served as a local consolidation zone several times. Secondly, this level coincides with the upper limit of the growth channel, and thirdly, it is the 61.8% Fibonacci retracement level for the bear market after the last bull run in 2021. Above this level, the movement may encounter further resistance around and above $50,000. In case of a correction, the levels of $44,000 and $40,000 should be particularly important to bear in mind.

Source: xStation 5

9 July 2026, 6:52 PM

Daily Wrap: Technology Leads Wall Street Higher. Markets Shrug Off US–Iran Tensions

8 July 2026, 6:59 AM

Morning Wrap It's getting hot in the Persian Gulf again, oil is back in the spotlight.

2 July 2026, 5:37 PM

📈 Bitcoin climbs above $62K

30 June 2026, 11:53 AM

Bitcoin in a Bear Market 🚩 Crypto Quarterly Review

Crypto

Cookie name	Description
SERVERID
userBranchSymbol	Expiration date 1 day
test_cookie	Expiration date 1 hour
adobe_unique_id	Expiration date 364 days
__hssc	Expiration date 1 hour
SESSID	Expiration date 1 day
__cf_bm	Expiration date 1 hour
intercom-id-iojaybix	Expiration date 270 days
intercom-session-iojaybix	Expiration date 6 days
xtbCookiesSettings	Expiration date 364 days
TS5b68a4e1027
countryIsoCode
xtbLanguageSettings	Expiration date 364 days
userPreviousBranchSymbol	Expiration date 364 days
intercom-device-id-iojaybix	Expiration date 270 days
__cfruid
_cfuvid

Cookie name	Description
_gid	Expiration date 1 day
_gat_UA-98728395-1	Expiration date 1 hour
_gat_UA-121192761-1	Expiration date 1 hour
_gcl_au	Expiration date 89 days
_ga_CBPL72L2EC	Expiration date 729 days
_ga	Expiration date 729 days
__hstc	Expiration date 179 days
__hssrc
_vwo_uuid_v2	Expiration date 365 days
_ga_TC79BEJ20L	Expiration date 729 days
_vwo_uuid	Expiration date 365 days
_vwo_ds	Expiration date 29 days
_vwo_sn	Expiration date 1 hour
_vis_opt_s	Expiration date 99 days
_vis_opt_test_cookie
af_id	Expiration date 394 days
afUserId	Expiration date 730 days
AF_SYNC	Expiration date 6 days
AnalyticsSyncHistory	Expiration date 29 days

Cookie name	Description
MUID	Expiration date 389 days
_omappvp	Expiration date 3998 days
_omappvs	Expiration date 1 hour
_uetsid	Expiration date 1 day
_uetvid	Expiration date 389 days
_fbp	Expiration date 89 days
fr	Expiration date 89 days
_ttp	Expiration date 89 days
_tt_enable_cookie	Expiration date 89 days
hubspotutk	Expiration date 179 days
IDE	Expiration date 389 days
YSC
VISITOR_INFO1_LIVE	Expiration date 179 days
li_sugr	Expiration date 89 days
guest_id_marketing	Expiration date 729 days
guest_id_ads	Expiration date 729 days
guest_id	Expiration date 729 days
muc_ads	Expiration date 729 days
VISITOR_PRIVACY_METADATA	Expiration date 179 days
MSPTC	Expiration date 389 days

Cookie name	Description
bcookie	Expiration date 364 days
lidc	Expiration date 1 day
UserMatchHistory	Expiration date 29 days
bscookie	Expiration date 364 days
li_gc	Expiration date 179 days
personalization_id	Expiration date 729 days