Bitcoin, Ethereum Technical Analysis: BTC Surges to $45,000, as Russia Considers Accepting the Crypto for Oil & Gas – Market Updates Bitcoin News

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Bitcoin, Ethereum Technical Analysis: BTC Surges to $45,000, as Russia Considers Accepting the Crypto for Oil & Gas – Market Updates Bitcoin News
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Bitcoin rallies to $45,000, as Russia considers accepting BTC as payment for energies.

was trading almost 5% higher on Friday, as markets reacted to the news that Russia was considering accepting it as payment for oil and gas./USD climbed to an intraday high of $45,046.08 on Friday.

This is the highest price bitcoin has hit in 24 days and comes following a breakout of the $42,500 resistance level.Friday’s rally sees bitcoin prices climb for the fourth consecutive session, gaining over 11% in that time period. The move pushed price strength beyond its own ceiling, as the 14-day RSI moved past its resistance level of 62.33, and now tracks at 63.83.move beyond $46,000, it would reach its highest level in almost four months.was not to be left behind on Friday, as the world’s second-largest cryptocurrency also surged to a multi-week high.

Ethereum climbed to an intraday high of $3,183.96 during today’s session, which is the highest point at which it has traded since February 10.

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