You have successfully joined our subscriber list. Cryptocurrency trader Scott Melker stated that technical analysis supports the prediction that Bitcoin may soon surge to $63,000. The total crypto market value after taking a nosedive for a couple of weeks took a swift turn to record an all-time high value of above $1.21 trillion on February 6, 2021. These huge gains were largely contributed by the Bitcoin price after it nearly broke its all-time high of around $42,000 set in January 2021. Ethereum supported the movement with an incredible performance after gaining over 20% in the last 7 days to hover within the $1700 price zone. Dogecoin was very involved with a 106% gain in the last 7 days taking its market cap to over $7 billion.