Bitcoin\u00a0(BTC)\u00a0has started another uptrend recently. The price of crypto consecutively broke the $ 36,000 and then the $ 37,000 levels. Meanwhile, the total cryptocurrency market value has exceeded $ 1 trillion for the first time in history.\r\n\r\nIn the early hours of January 7, BTC climbed to an all-time high of $ 37,400. As traders wonder what the next level will be,\u00a0Bitcoin\u00a0is rising fast and steadily. Currently, the leading cryptocurrency is trading around $ 37,269, according to\u00a0CoinMarketCap data.\r\n\r\n\r\n\r\n\r\n\r\n\r\n\r\n\r\nBitcoin Price Is Now Targeting These Levels\r\nIt was observed that the uncertainty of the situation in the\u00a0USA\u00a0led to a price increase in\u00a0Bitcoin.\u00a0\u00a0BTC\u00a0price fell by $ 1500 in the first place, during major unrest in the US. After this small setback, the price rose above the $ 34,000 level. It then started another strong rise and broke many hurdles near the\u00a0$ 35,500\u00a0and\u00a0$ 36,500\u00a0resistance levels. It even broke above the $ 37,000 level and settled well above the 100 hourly simple moving average. Analyst\u00a0Aayush Jindal\u00a0stated that if the current trend remains intact, the\u00a0BTC \/ USD\u00a0pair is likely to rise to\u00a0$ 38,500\u00a0and\u00a0$ 39,800.\r\n\r\nIn the analyst\u2019s opinion, if Bitcoin fails to clear the $ 37,250 and $ 37,400 levels, it could initiate a short-term downside correction. Initial support on the downside is near the $ 36,650 and $ 36,500 levels.\r\n\r\n\r\n\r\n\r\n\r\n\r\n\r\n\r\n\r\n\r\n\r\n\r\n\r\n\r\nMeanwhile, the Total Cryptocurrency Market Value Exceeds $ 1 Trillion\r\nThe crypto money market set a new record in the first hours of the day. It rose to an all-time high of $ 1 trillion in total value.\r\n\r\nThe rise of the leading cryptocurrency\u00a0Bitcoin, the rise of the leading altcoin\u00a0Ethereum, and the rise in leading altcoins brought the total market value of the cryptocurrency market to a record high. With Bitcoin\u2019s new ATH with $ 37,000 and Ethereum reaching $ 1200, significant increases in leading altcoins such as\u00a0Stellar,\u00a0Cardano, and\u00a0Elrond\u00a0brought the total market value to an unprecedented level.\r\n\r\n\r\n\r\n#coinsfera #cryptonews #buybitcoinistanbul #buybitcoindubai #buybitcoinkosovo #buybitcoinwithcash #sellbitcoinwithcash #buybitcoin #sellbitcoin\r\n\r\n\r\n\r\n\r\n\r\n\r\n\r\nDisclaimer: All information provided in the content is for informational purposes only and should not perceive as an investment, financial, or trading advice. Any investment decision you make should be a personal choice based on financial knowledge, experience, and market research.