Skip to main content

Bitcoin back above 95k now so where next?

Since the last update noted that BTC had reclaimed the 94k handle it has since advanced further and lifted above the highs seen yesterday, at 94,899. The extension through that level looks like it has tripped some stops, or if not encouraged some fresh system based buyers to jump on board. The move has just now reached a high at 95,867. The next important level on this run is now the 50 day moving average and that has been capping the topside for the past 3-4 trading days. That is in place right now at 96,437 and it might be unwise to rule out a test of this before anything else happens. BTC is right now trading at 95,720

Ready to Get Started?

Start here. Join over 3M Libertex users around the world!