- BTC was up by more than 9% in the last seven days.
- A few indicators looked bullish, but the rest suggested otherwise.
Bitcoin [BTC] once again surprised investors as it crossed over the $51,000 mark after plummeting under $49,000 a few days ago. Though this already looked pretty optimistic, the best part might be in store for later, as new data suggested that BTC might pump further.
Therefore, to see what might happen next, AMBCrypto checked BTC’s metrics.
What suggests a Bitcoin ATH?
Bitcoin displayed commendable performance in the last seven days as its price surged above $51k. According to CoinMarketCap, BTC was up by nearly 10% in the last seven days.
At the time of writing, it was trading at $51,781.49 with a market capitalization of more than $1 trillion.
The good news was that, as per IntoTheBlock’s prediction, the king of crypto might reach an all-time high within six months.
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Author: Dipayan Mitra