Bitcoin bulls look to retake control
Bitcoin trades at $66,192 (+5.32%), supported by reports of inflows into Bitcoin ETFs and the rising prospects of “pro-crypto” presidential candidate Donald Trump.
The overnight surge above the 200-day moving average, currently at $63,356, opens up a test of trend channel resistance at $67,800ish, coming from the March $73,794 high. This trend channel has proved to be a stumbling block on a number of separate occasions over the past six months.
Nonetheless, a sustained break above here would be a bullish development and open up a rally towards $80,000.
The overnight surge above the 200-day moving average, currently at $63,356, opens up a test of trend channel resistance at $67,800ish, coming from the March $73,794 high. This trend channel has proved to be a stumbling block on a number of separate occasions over the past six months.
Nonetheless, a sustained break above here would be a bullish development and open up a rally towards $80,000.
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Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.