Skip to main content

Bitcoin finally reclaims 69k handle

On Friday Bitcoin had a very close inspection of the 69k handle for the first time since the end of July. It did not quite breach that though, with the high set at 68,983. Last week, the reader was reminded of the July 29 high, set at 69,998 as being the next potential resistance level and of course that was not put to the test last week. The price action over the weekend saw BTC slip back on Saturday, very close to the 68k mark (68,026 the low that day), before rebounding into Sunday morning. The price action yesterday was rather inconclusive, but it has vaulted the 69k handle today, reaching a high so far at 69,474. It has edged back from that level now, but seems to have a degree more of positive momentum at the start of the new week. BTC is currently trading at 69,065 
 

Ready to Get Started?

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