The largest cryptocurrency, Bitcoin, is again back to the $64,000 zone after trying hard to recover on Sunday. The previous surge rally provided the coin with a new all-time high (ATH).
As per the data by TradingView, the coin surged today, hitting a local high at $66,400, after which it fell back again to $64,000 levels. In spite of experts calling higher levels more important to preserve the bullish potential energy, the BTC/USDT pair is failing to rally further up.
Source: TradingView
The RSI Indicator also indicates a bearish scenario as a negative gradient can be clearly seen. However, the line is still above the 50 level, which is a green sign in the long term. The Bitcoin price has decreased by 3% in the last seven days when the bulls are still ready for the “Moonvember” arrival.
Latest TSLA dip proves testing for Bitcoin
Recently, Tesla CEO, crypto enthusiast, and the richest person on the planet recently warned through his tweet that he could sell more TSLA stock. The TSLA stock went down by 4.3% on traditional markets, and Bitcoin religiously copied the movement. Before this, as we reported, the billionaire sold 934,000 TSLA worth $1.1 billion.
The American politician and activist Bernie Sanders recently tweeted that the richer individual should pay their fair share of taxes, to which Musk replied, “I keep forgetting that you’re still alive.”
The Elon didn’t stop there and tweeted:
“Want me to sell more stock, Bernie? Just say the word.”
As TheCoinRise reported, Elon Musk already was in headlines this morning after his tweet on the significance of meme numbers.
Ethereum, Polkadot, and Solana were the major leading altcoins for today when the market was in a stagnant motion. ETH is trading around $46,000 at the time of writing, up by 1.5%. The bulls are aiming for $5,000 as their new ATH.
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