Today, in the middle of Valentine's Day, the price of Bitcoin (BTC) is over 48 thousand dollars, that is, in 72 hours it increased by an estimated 10% compared to the previous publication when the BTC reached 44,772.43 dollars, it is worth asking, what happened in these three days for the Bitcoin to reach its new high above 49 dollars?.

Undoubtedly, the answers can be diverse, however, it is worth mentioning that this movement may be related to the continuity of BTC's upward momentum after overcoming the resistance located at 38 thousand dollars.

Another element that cannot be ignored is the large movements that stablecoins are currently experiencing on the exchanges, an element that correlates with the thesis of experts who believe that this type of marginalized capital that re-enters the market serves as an impulse for BTC to maintain its upward trend.

Therefore, analogously to this behavior experienced by the stablecoins in the exchanges, it is also creating favorable conditions for all cryptocurrencies, and this can be seen if we analyze the behavior currently shown by HIVE, where in the last 24 hours and according to the portal coingecko its price experienced an acceptable growth over 0.2466 dollars.

[1] Young J. Roses are red, violets are blue, Bitcoin hits $49K and a new all-time high too. February 14, 2021. Article: Online access

[2] Pirus B. Blockchain mysteries: Biggest crypto transaction fee oddities. February 14, 2021. Article: Online access