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Bitcoin lines up a $51,000 offensive
Data from Cointelegraph Markets Pro and TradingView showed BTC/USD gaining ground after dipping to $48,300 lows overnight.

An important retest, Bitcoin price action then reversed upward, giving hope that $50,000 may now be able to cement itself as support.

Should that happen and $51,000 resistance fades, the chances favor an impulse move to the upside, Cointelegraph contributing analyst Michaël van de Poppe said.

“The moment that Bitcoin is breaking out of this $51,000 level, the chances are that we just get one vertical candle towards $58,000, or even $60,000,” he predicted in his latest YouTube update.

He added that under that scenario, altcoins, which this week have gained considerably, may lose out heavily against BTC.

A look at buy and sell levels on major exchange Binance, meanwhile, highlighted the last remaining major resistance level nearby at $51,000, with support in place at $47,000.

Ether closes in on $4,000
On altcoins, Ether (ETH) stood out with an attack on $4,000 — a level it has not touched since May.

Related: Solana extends rally with another new high — Why is SOL price up by 70% in one week?

The largest altcoin gained another 5% Friday, putting it within $400 of historical all-time highs.

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