The cryptocurrency market is back on a more positive footing in the past couple of days. This had Bitcoin top $20K and even close a daily candle above the critical level, while some altcoins are charting impressive gains.For the first time since September 17th, the primary cryptocurrency by means of total market capitalization closed a daily candle above $20K.
This is a positive sign, despite the global macroeconomic remaining uncertain. $20K is a major psychological and technical level, and if the price can remain above it, this could open the way for a further increase. However, at the time of this writing, BTC trades at around $20,100, and it’s important to see if this newfound bullish momentum can sustain.As seen in the chart above, the price is currently retracing after reaching almost $20,500 yesterday.This is all you need not to miss any price action in the raging crypto markets. Start receiving this recap, for free, every day: