Skip to main content

Now Bitcoin reclaims 64k

Since the last update here this morning, Bitcoin has been making further progress. It has now recaptured the 64k handle. The high see a short while ago was set at 64,307. It is just backing away from that new high right now. The price action remains fluid and rapid at times too, just like it as all week and the week before for that matter. Whilst the price action today has now snapped the pattern of recent lower highs, it still has some way to go to entirely negate the current corrective downtrend. The next resistance level of note from here on is the 21 day moving average, but that does not come into play now until 66,905. So, as BTC got enough in the tank to have a look at that level today? It looks doubtful to be honest just yet. Bitcoin is currently trading at 63,775

Ready to Get Started?

Start here. Join 2.9M Libertex users around the world!