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Bitcoin mostly holding 70k so far today

Yesterday the move higher in Bitcoin extended further after the European close and that saw the lead coin not only reclaim levels above 70k ahead of that close, but then extend into the wider US close. BTC reached a high at 71,187. That was its best level since March 15. BTC had reached a record high prior to that, on March 14 at 73,797. That was before the correction lower had subsequently sent it down to a low at 60,790 on March 20. As covered at the time, that correction almost reached an ideal Fibonacci level. However, it appears to have now concluded that contra-trend move and right now the sights seem set on that March 14 high. That is not to say it will get there, or even surpass it. However, we should also remember; that the April halving event is on our doorstep now. The range seen so far today has been covered by 69,592 to 70,965. Bitcoin is currently trading at 70,475
 

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