Altcoins breakout to new highs while Bitcoin price retests a key support

Cointelegraph

Published Feb 18, 2021 10:02PM ET

Updated Feb 18, 2021 11:40PM ET

Bullishness in the cryptocurrency market continued on Feb. 18 as Bitcoin (BTC) trades near $51,000 and Ether (ETH) is within reach of the $2,000 level for the first time as retail traders remain long while pro traders are less optimistic in the short term.

Data from Cointelegraph Markets and TradingView shows Bitcoin price has pulled back slightly from recent all-time highs to a current value of $51,924 while ETH price has increased 5.66% to a record high of $1,950.

Daily cryptocurrency market performance. Source: Coin360
ETH/USDT 4-hour chart. Source: TradingView
BNB/USDT 4-hour chart. Source: TradingView

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