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Bitcoin is currently trading above $57,000 rekindling hopes that BTC might get to new record highs before year-end. Regaining last week’s losses triggered by the new Omicron Coronavirus variant and fears around regulations in India, Bitcoin price crossed above the $58,000 psychological level on Sunday nigh and is still up 5.77% over the last 24 hours.
The BTC price forecast remains uncertain for many for the remaining part of the years as fears around Corona remains. Bears still have the choice of taking advantage of the leveraged bulls against the backdrop of the recent rally.
Against this background and the month set to end in two days, it is important to understand how technical will shape BTC’s performance this week.
Bitcoin Price Bounces Off The 100 SMA
BTC/USD bounced off the 100-day Simple Moving Average (SMA) around $54,202 over the weekend as Bitcoin price rose to produce a weekly close of $57,248 according to data from CoinMarketCap. With this closure, BTC avoided its lowest weekly closure in two months.
Note that regaining the $58,000 level is crucial for BTC bulls sustaining the uptrend. At the time of writing, the big crypto is exchanging hands at $57,410 and is struggling to push above the downtrend line. A break out above the resistance line will see Bitcoin rise to tag the $60,000 psychological level.
The upward movement of the Relative Strength Index (RSI) indicator accentuates this bullish outlook.
BTC/USD Daily Chart
 Live Chart  

However, the RSI is still positioned in the neutral zone at 46.01 indicating that the overhead pressure might still push the BTC price further down.
Note that the $60K level remains untouched even after the rebound as BTC has been fiercely rejected from this point since flipping it into resistance on November 18.
However, there is still optimism from the Bitcoin community that the asset will close the Month above $60,000. Well, we have less than 48 hours to find out.
 
The post Bitcoin Price Analysis: BTC Displays A Classic Rebound Off 54K As Corona Virus Uncertainty Lingers appeared first on Coingape.


Bitcoin is currently trading above $57,000 rekindling hopes that BTC might get to new record highs before year-end. Regaining last week’s losses triggered by the new Omicron Coronavirus variant and fears around regulations in India, Bitcoin price crossed above the $58,000 psychological level on S...

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Bitcoin Price Analysis: BTC Displays A Classic Rebound Off 54K As Corona Virus Uncertainty Lingers

On Monday, the sports and entertainment collectibles giant Topps announced the launch of non-fungible tokens (NFTs) based on the firm’s classic science fiction-themed trading card series Mars Attacks. The limited-edition NFT collection will be hosted on the NFT platform Curio and will “mark Mars Attacks’ introduction into the blockchain.”
Topps Launches NFTs Dedicated to the 1962 Hit Collectible Trading Card Series Mars Attacks
Following the influx of NFTs Topps has released, such as digital MLB trading cards, Garbage Pail Kids collectibles, Godzilla vs. Kong blockchain assets, and Bundesliga NFTs, the company has announced the first Mars Attacks NFT collectibles. Mars Attacks is a series of science fiction-themed trading cards Topps published in 1962. The cards were drawn by Norman Saunders and Wally Wood and they essentially tell a story about Martians who invade earth, but aliens are also ruled by a tyrannical government.

The cards grew very popular during the Cold War and some cards can get around $3,500 at auction according to psacard.com statistics. The card series distributed by Topps became well known in American culture and inspired a Tim Burton film called “Mars Attacks!” in 1996. Now Topps has announced that the first Mars Attacks NFTs have been launched via the NFT marketplace platform Curio.
“Topps is thrilled to partner with Curio on bringing the Mars Attacks world into NFTs,” Tobin Lent, the VP, and global general manager of Topps Digital Sports and Entertainment said in a statement sent to Bitcoin.com News. “The new collection delivers excitement to passionate fans of the science-fiction trading card series by honoring its heritage. Topps remains committed to working with a range of partners as we explore and innovate in this exciting new space.”

500 Full Mars Attacks NFT Sets — Topps NFTs Caught in the Fray of Many Competitors
According to the Mars Attacks NFT announcement, the NFTs will be sold in packs and have various odds per pack and a number of rarities as well. There will be 564 “Yellow” packs that cost $49 per pack of 11 cards, 500 “Red” packs that will set someone back $99 per pack of 25 cards, and 150 “Green” packs that give the owner the full set of 55 cards at $199 a pack.

Some of the cards will have redemption tickets that give away animated, gold, x-ray, and static bonus cards. There are 27,510 total cards in the entire Mars Attacks NFT collection which equates to about 500 full sets and ten redemption tickets.
Meanwhile, Topps is in the thick of intense competition from other NFT collectible ventures like NBA Top Shot, Veve, and Autograph. Veve recently partnered with Disney and the two firms have released NFTs featuring Disney’s popular Frozen character Elsa, Pixar’s Wall-E, Fox Entertainment’s The Simpsons, and Star Wars digital collectibles as well.
What do you think about the Mars Attacks NFT collectibles? Let us know what you think about this subject in the comments section below. 



























On Monday, the sports and entertainment collectibles giant Topps announced the launch of non-fungible tokens (NFTs) based on the firm&#x2019;s classic science fiction-themed trading card series Mars Attacks. The limited-edition NFT collection will be hosted on the NFT platform Curio and will &#x2...

Ethereum Classic price	$31.12
Low - High 24H	$30.82 - $32.44
Market cap	$4.12B
Volume 24H	$353.37M
All time high	$167.09 -81.36% May 6th 2021
All time low	$0.615038 4965.13% July 25th 2016
Genesis date	N/A

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