New Highs Bitcoin??

19 באוק׳ 2021

Bitcoin has inched higher, topping its previous high, but just barely. We are definitely struggling with 62.4K. There is still a great deal of excitement and exuberance in the crypto market over the new US ETF backed by Bitcoin futures. If the bull run continues, the next target is 64.3K. This is the last level before we can test all time highs again around 65K. The chart is starting to look a bit top heavy, so beware of a correction before we can test highs. If so, we should see support at 59.4K, or 57.7K.