Bitcoin (BTC<\/a>) opted for fresh upside on Feb. 15 as a trip to near $40,000 saw an abrupt change of direction<\/a>.\u00a0<\/p>\n Data from Cointelegraph Markets Pro<\/a> and TradingView<\/a>\u00a0showed BTC\/USD gaining swiftly overnight into Tuesday, going on to pass $44,000.<\/p>\n A classic relative strength index (RSI) breakout, this time on the lower four-hour timeframe, preceded the move, which\u00a0put the pair a full 6% higher<\/a>\u00a0versus Monday\u2019s lows.<\/p>\n #Bitcoin<\/a> 4 Hour RSI broke out and MACD just had a Bullish Cross: pic.twitter.com\/2bRVFeQsfX<\/a><\/p>\n \u2014 Matthew Hyland (@MatthewHyland_) February 14, 2022<\/a><\/p><\/blockquote>\n \u201cI do think these are the first signs of a trend break,\u201d popular Twitter account Phoenix commented<\/a> in a fresh post on the day.<\/p>\n It added that reaching and holding $45,500 would be \u201cabsolutely key\u201d for bulls, this marking last week\u2019s high.<\/p>\n The uptick appeared to have an external trigger. As part of the ongoing events in Canada\u2019s Freedom Convoy protests, the government announced that it would expand Anti-Money Laundering surveillance to cover crypto transactions<\/a>.<\/p>\n \u201cThese changes cover all forms of transactions including digital assets and cryptocurrencies,\u201d Canadian Deputy Prime Minister\u00a0Chrystia Freeland said at a press conference.<\/p>\n The protests had long been a topic of heated debate in Bitcoin and crypto circles in light of the highly controversial actions by crowdfunding platform GoFundMe and the subsequent hack of GiveSendGo, the alternative used to send donations to protest participants.<\/p>\n As with last month\u2019s mooted ban<\/a> on crypto use by Russia, the\u00a0effect<\/a>\u00a0on Bitcoin was ultimately anything but negative.<\/p>\n Meanwhile, Bitcoin services began to step up to offer continued support to the movement, among them the open-source BTCPay payment gateway.<\/p>\n Dear all, we got you covered, learn how to setup a crowdfund campaign while enjoying the mellow voice @pavlenex<\/a> https:\/\/t.co\/xLbaJSPrcz<\/a> https:\/\/t.co\/XDjwbKaSVD<\/a><\/p>\n \u2014 BTCPay Server (@BtcpayServer) February 15, 2022<\/a><\/p><\/blockquote>\n \u201cUse unstoppable money, then you can ignore all their commands and live free,\u201d Robert Breedlove, host of the What Is Money?<\/em> podcast summarized<\/a>.<\/p>\n More positive news came from the altcoin space, which on Monday had traded flat with almost no movement among major tokens.<\/p>\n Related:\u00a0\u2018Up only\u2019 for BTC fundamentals \u2014 5 things to watch in Bitcoin this week<\/a><\/em><\/strong><\/p>\n That quickly changed as Bitcoin rose, with Ether (ETH<\/a>) up nearly 8% at the time of writing.<\/p>\n Out of the top 10 cryptocurrencies by market capitalization, similar gains were afforded to Binance Coin (BNB<\/a>), Solana (SOL<\/a>) and Avalanche (AVAX<\/a>).<\/p>\n<\/div>\n![](\"https:\/\/s3.cointelegraph.com\/uploads\/2022-02\/24b0bd44-3390-477c-a511-ff2e82002288.png\")
RSI prints classic bull signal<\/h2>\n
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Altcoins reawaken<\/h2>\n
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