CoinDesk analysis: Bitcoin prices hit a six-month high and are expected to break through $6,500

CoinDesk analysts believe that today (May 10) bitcoin prices hit a six-month high, further confirming the possibility of rising to $6,500 (100-week moving average). However, from the 1 hour chart, the BTC will rise to this level when it falls back to around $6,100. A bullish signal appears on the total market capitalization chart for all other cryptocurrencies, and if confirmed, it indicates that the much anticipated bullish gains have begun. Among them, Litecoin may shine, because the fundamentals and technical aspects are good for the bulls.