Skip to main content

Bitcoin has a look above 70k in weekend trading

On Friday Bitcoin fell back to just a fraction below 66k after the release of the US jobs report. That move was covered here at the time and when it was already on the rebound off that low. Well, it did not look back in weekend trading. BTC managed to rise above 70k on Sunday afternoon. The high seen was set at 70,291. It has backed off a bit since then, but not in any kind of significant way yet. The low seen earlier today was set at 68,916 and it is closer to the 70k level just now, than it is to the 69k level. The price action is back above that noted 21 day moving average now (currently at 67,904) and the price action since Friday has now turned that higher once more. Bitcoin is currently trading at 69,730 as the noted April 19 halving event draws ever closer, on April 19 

Ready to Get Started?

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