Bitcoin is growing its four-day winning streak and is trading at $26,500, gaining $169.59.

Bitcoin trades at $26,500 after gaining $169.59 (0.63%).

At the same time, United States CFTC Nasdaq 100 speculative net positions released yesterday at 20:30 UTC with a figure of 15,700, while the previous figure was 8,800. United States CFTC S&P 500 speculative net positions came out at -331,400. United States CFTC Crude Oil speculative net positions released yesterday at 20:30 UTC with a figure of 155,100, while the previous figure was 172,400.

Concerning technical analysis and more specifically, trend indicators, Bitcoin made an initial breakout above its 21 day Simple Moving Average at $26,600, a potential indicator of a newly emerging bullish phase. Asset volatility analysis shows that Bitcoin's upper Bollinger Band® is at $27,768, this is a slight indication of a slowdown. Following today's trading session, chart analysis suggests Bitcoin broke through the $26,743 resistance and climbed $246.51 above it.

Overall, while Bitcoin has been on an uptrend, technical indicators suggest that it has no obvious direction for the immediate future.

Other markets are also showing gains as FTX Token is up 9.54% to $1.36. Binance Coin gained 2.49% and is now trading at $244.76. MaticNetwork USD is up 4.49%.

Trending downwards for around 2 months. Bitcoin is now trading 13.65% below the significant high of $30,500 it set around 2 months ago.