After breaking above $6,000, Bitcoin passed through another major resistance zone between $6,100 and $6,450. Altcoins, however, are not performing as well and Bitcoin’s dominance has increased to 59.26% at the time of press.
Bitcoin’s bullish momentum has shaken off a lot of bears out of the market. Tyler Jenks, a 40-years trading veteran, lost 1 BTC bet he made on Mar. 4, 2019, against a technical analyst, who goes by the pseudonym fil₿fil₿. Jenks bet that bitcoin would trade below $1,500 before hitting $6,500.