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Bitcoin surge to 57k extends above correction level

Yesterday afternoon, as Bitcoin rose above 53k, an update here noted the price pushing to fresh 2024 highs and taking one step closer to the important next target level, at 56,364. Well, not only has BTC met that today, but taken it out earlier this morning. Bitcoin surged to a new 2024 high, at 57,039. There was a reaction backwards from there, down to around 55,585, but it has bounced off that low again as I write. So, BTC has now reached its highest level since late 2021 and from a technical perspective there seems little in between where it is right now and the all time record high seen 3 years ago, at 68,991. Bitcoin is currently trading at 56,395 
 

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