BTC/USD broke above the previous high of 2760 levels and hit a fresh all-time high at 2877.47 levels on Tuesday. It is currently trading at 2855 levels at the time of writing (Bitstamp).

Ichimoku analysis of daily chart:

Tenkan Sen: 2493.73

Kijun Sen: 2239.46

On the upside, the pair is consolidating around current levels and faces immediate resistance at 2878 levels (113% retracement of 2760 and 1850) and a break above is likely to see a jump till 3002 (113% extension of 891.33 and 2760)/3075 (127.2% extension of 1601.46 and 2760)/3322.

Momentum studies appear bullish on the daily chart: RSI is strong at 78, MACD line is above the signal line, and stochs suggest upward bias.

Support is seen at 2823 (1h 10-SMA) and a break below would see a dip till 2732 (1h 20-SMA)/2623 (1h 50-SMA).

On the daily chart, a break below 2623 (5-DMA) would drag the pair to 2449 (10-DMA)/2288 (20-DMA).