RESISTANCE BREAK THEN 53K SUPPORT BREAK THEN 44K NOW 50K

A rising tide floats all boats in the cryptocurrency market today with mid-to-high single-digit gains seen across the space. We have been positive on the market for weeks now and see no reason to change with chart set-ups continuing to flash bullish signals. The latest rally has been led by Bitcoin (BTC) which has broken back above $50k and looks set to move higher. Ethereum (ETH) continues to make fresh multi-month highs while Cardano (ADA) now trades in unchartered territory. Further down the list, there are double-digit 24 hours gains for a range of alt-coins including IOTA (MIOTA), Fantom (FTM), and Mina (MINA). As always the crypto market is vulnerable to short-term swings, so this needs to be factored in before making any trading decision.