Bitcoin shoots over $ 4,000, Ripple, Ethereum, follows

BTC / USD is higher than the round number of $ 4,000 according to Coinbase. Other cryptocurrencies like Ethereum and Ripple are on the rise.

Digital coins have recovered in the last days, with every move higher followed by a period of healthy consolidation, the mirror image of the "rebound of the dead cat".

The XRP / USD is around 0.3775 and Etehreum, the Vitalik Buterin currency is at $ 107.

Here's how the move appears on the 15-minute chart. Initial resistance waits for $ 4,051, which was the initial low after the coin had lost $ 5,000. Additional protections are expected at $ 4,200 and $ 4,400.

The cryptocurrencies suffered a significant drop on November 14, followed by further sales. Bitcoin fell about 50% in a month, prolonging the crisis. The recovery began just before the first anniversary of the peak reached by the grandfather of criptos, December 17, 2017. And the healthy earnings continue beyond the anniversary.

One reason for the collapse was the fact that the US SEC has not approved an ExchangeTraded Bitcoin fund. An 'approval of the ETF could take place in February. Such a move would facilitate the entry of the main money into encrypted ones.

The important investor and enthusiast of Bitcoin, Mike Novogratz, recently declared that Bitcoin has hit bottom. Other positive signs came from NASDAQ and Bakkt, which should launch institutional products at the start of 2019.