Is BTC To Shoot Higher?
BTC has rallied from a small hint of bullish presence displayed in the past 18 days. When it sustained by July 5th onwards from $56393. As of writing, it has surpassed the $66150 hurdle level, and it presents the possibility it could continue to rally higher in coming sessions.
Indicators have been bullish; the EMA bands have been overtaken from below, MACD showed a histogram growing upside at 966.56, and RSI flashed at 60.55.
Based on the optimism, if the rally keeps on increasing, then resistances are at $68500, and $70100, respectively. But failing below $66150 could lead towards the next support at $63400.
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