[ad_1] <br><div> <div id="imgCarousel" class="imgCarousel"> <img alt="Bitcoin Holds Above $22K, Ethereum, Dogecoin Rise: Analyst Sees Apex Crypto Hitting This Level After 'Giga God' Candle Squeeze" id="carouselImage" src="https://i-invdn-com.investing.com/news/LYNXMPEB0508S_L.jpg" style="visibility:hidden"/> <span class="text">© Reuters. Bitcoin Holds Above $22K, Ethereum, Dogecoin Rise: Analyst Sees Apex Crypto Hitting This Stage After 'Giga God' Candle Squeeze</span> <i class="imgGrad"/> </div>
<p>Benzinga - Main cash remained kind of regular on Sunday night after cryptocurrency lender <strong>Genesis </strong>held $5.1 billion in liabilities following its freeze on withdrawals in November.</p> <table border="1" cellpadding="1" cellspacing="1"><tr> Cryptocurrency Positive aspects Value </tr><tr><td><strong>Bitcoin</strong></td> <td>-0.20%</td> <td>$22,781</td> </tr><tr><td><strong>Ethereum</strong></td> <td>+0.74%</td> <td>$1,639</td> </tr><tr><td><strong>Dogecoin</strong></td> <td>+4.71%</td> <td>$0.089</td> </tr></table><strong>What Occurred:</strong> The most important cryptocurrency by market worth <strong>Bitcoin </strong>(CRYPTO: BTC) held itself above $22,000 and was buying and selling at its highest stage since mid-September. <strong>Ethereum </strong>(CRYPTO: ETH) was up 0.7% at $1,639, whereas <strong>Dogecoin </strong>(CRYPTO: DOGE) was up 4.71% within the final 24 hours at $0.089.<p>U.S. equities closed larger on Friday as buyers digested combined earnings studies from main banks. The tech-heavy Nasdaq Composite soared 2.6%, whereas the S&P 500 and the Dow Jones Industrial Common (DJIA) gained 1.8% and 1.0%, respectively. Rising demand for tech shares and optimism amongst buyers on the outlook for company earnings drove the markets larger. </p> <p>See Extra: Greatest Crypto Day Buying and selling Methods</p> <p>Crypto analyst <strong>Michaël van de Poppe</strong> mentioned the full market capitalization has damaged via the 200-Day EMA, a optimistic signal for crypto and an indication that the market might proceed to rally as much as $25,000 or might endure a corrective pullback to $19,500. </p> <blockquote class="twitter-tweet">Whole market capitalization broke via the 200-Day EMA.<p>Good indicators for #crypto, as continuation appears seemingly.</p> <p>In between continuation to $25K or a correction to $19.5K.</p> <p>To proceed -> maintain above 200-Day EMA and break resistance. 200-Day EMA potential entry level. pic.twitter.com/gwYXt1vbbt</p> <p>— Michaël van de Poppe (@CryptoMichNL) January 22, 2023</p> </blockquote> <strong>Rekt Capital</strong>, a pseudonymous analyst, mentioned that Bitcoin’s dominance has reached pink resistance and seems to have barely overextended it on the one-day chart. This has led to some altcoin breakouts, however Bitcoin dominance could also be retesting pink proper now.<blockquote class="twitter-tweet">#BTC Dominance has reached pink resistance & even barely overextended it<p>On the 1D, $BTC DOM is briefly dipping which has helped Altcoin breakouts</p> <p>However BTC Dominance could also be retesting pink proper now, which might allow a rise in BTC.D within the coming days#Crypto #Bitcoin pic.twitter.com/qzNqbmN5u9</p> <p>— Rekt Capital (@rektcapital) January 22, 2023</p> </blockquote> <strong>Crypto Kaleo</strong>, one other pseudonymous analyst, anticipates that the upcoming breakout will resemble the one which occurred in March or April of 2019 following a long-term pattern break. The chart he shared shows a number of days of low-range buying and selling above the breakout stage, adopted by a bounce to round $30,000.<blockquote class="twitter-tweet">#Bitcoin / $BTC<p>Anticipating the same setup for this breakout to what we noticed in March / April of 2019 after the HTF pattern break (chart proven on left).</p> <p>A number of days of accumulation grinding barely larger above the breakout stage, adopted by a giga god candle squeeze to ~$30K pic.twitter.com/mLbMiWo7aa</p> <p>— Ok A L E O (@CryptoKaleo) January 22, 2023</p> </blockquote> Learn Subsequent: Feds Seize Practically $700M From FTX Founder Sam Bankman-Fried, Together with His Robinhood Shares<p><i>© 2023 Benzinga.com. Benzinga doesn't present funding recommendation. All rights reserved.</i></p> <p><a target="_blank" href="https://www.benzinga.com/markets/cryptocurrency/23/01/30516870/bitcoin-holds-above-22k-ethereum-dogecoin-rise-analyst-sees-apex-crypto-hitting-this-level?utm_campaign=partner_feed&utm_source=InvestingUK&utm_medium=partner_feed&utm_content=TopStories" rel="nofollow noopener">Read the original article on Benzinga</a></p> </div><script async src="//platform.twitter.com/widgets.js" charset="utf-8"></script> <br>[ad_2] <br><a href="https://news.google.com/__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?oc=5">Source link </a>