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Bitcoin lifts above 46k and closer to the next technical level

Yesterday, after Bitcoin reclaimed the 45k handle an update here noted the next level for the lead currency and that was set at 46,540. Well, Bitcoin has risen further today and come close to reaching that final Fibonacci correction level. The high seen earlier today was set at 46,363 and it may not be done with yet. As to whether or not it can surpass 46,540 is another matter, but right now there seems every chance that is can. After that, the prospect of a move to test the current 2024 high at 49,021 will perhaps become more enhanced, but we shall see, if it can get past 46,540 first. Bitcoin is currently trading at 46,247
 

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