Bitcoin tests topside trendline and the May high

Bitcoin tests topside trendline and the May high

Bitcoin moves toward May high

Bitcoin is up for the 4th consecutive day and in the process is testing a topside trend line. The high price has reached $71759 so far today.

If the price can move above that trend line level and the high price from May at $71958, that would increase the bullish bias and have traders looking toward the all-time high closing level at $73121, and the intraday all-time high at $73794.

Buyers are continuing their play today. Can that momentum continue with a break above trend line and the May high?


Read More

Leave a comment

Send a Comment

Your email address will not be published. Required fields are marked *