From Nasdaq:

Bitcoin (CRYPTO: BTC) reached a high of $52,890, the highest since Nov. 10, 2021. Ethereum (CRYPTO: ETH) traded near $2,868.68, continuing its consolidation pattern. Dogecoin (CRYPTO: DOGE) remained in a horizontal pattern after reaching $0.088.

The CEO of Morgan Creek, Mark Yusko, predicts Bitcoin will reach $150,000 after the next Bitcoin halving in April. The Grayscale Bitcoin Trust ETF (ARCA: GBTC), up 33% since Jan. 23, is likely to surge higher in tandem with Bitcoin.

GBTC has a high level of flexibility to manage trades, with an average 30-day trading volume of over 17,000 shares. The charts for Bitcoin and Ethereum show potential bull flag patterns with expected rises toward the $64,100 and $3,249 mark, respectively.

Bitcoin has resistance at $52,100 and $55,000, with support at $48,475 and $45,814. Ethereum has resistance at $2,868 and $2,950, with support at $2,1717 and $2,609. Dogecoin has resistance at 9 cents and $0.099, with support at $0.083 and $0.077.



Read more: Bitcoin, Ethereum Form Bull Flags As Dogecoin Slides In An Uptrend: A Look At The Cryptos Into The Weekend