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Bitcoin extends gains to above 61k today

Well, this might not be the last update I send out on Bitcoin today, but owing to its inexorable rise, this needs to be done. The lead cryptocurrency has now risen above 61k in more recent trading and as I look at the longer-term chart on this one, I honestly see nothing of note ahead of the 2021 all time high at 68,991. So, the demand for BTC just keeps coming and the higher it seisms to go the more the ETF trackers are forced to buy-in. The high seen a short while ago was set at around 61,365. It has backed-off a bit now, but judging by earlier minor relapses, it remains to be seen if this latest one will replicate the previous ones today and be shallow. We shall see. Bitcoin is currently trading at 60,990 
 

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