Bitcoin skyrocketed on Tuesday, reaching the highest point at $64,235. The total market value of cryptocurrencies exceeded US$2.8 trillion, surpassing Microsoft and Apple. Bitcoin mining revenue reached the second highest level in history, reaching $1.72 billion in October. JP Morgan: The performance of cryptocurrencies in 2022 may be better than hedge funds and real estate.
From a technical perspective, the daily graph broke through the short-term interval. The indicators remained bullish. On H4 graph, crude oil moved around upper BOLL Band. MACD strengthened. Overall, prioritise Buy. The chart below is showing the key point and the estimated trend, the deciding point whether to buy or sell is near 62000.
Resistance：63600-64300-65500
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