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Bitcoin Hits Highest Price Since the HalvingBitcoin ( CRYPTOCAP:BTC ) has reached its highest price since the April halving event, reaching $67,422 before experiencing a slight dip. Over the past week, the cryptocurrency has risen by more than 9% and is currently priced at $66,750. Despite dropping after the halving, Bitcoin ( CRYPTOCAP:BTC ) has been steadily increasing in value, although it is still below its all-time high of $73,737. Bitcoin ( CRYPTOCAP:BTC ) dropped following the halving, a quadrennial happening baked into the coin's code, though experts told Decrypt that was to be expected. A combination of factors including geopolitical turmoil, cooling hype surrounding the new spot exchange-traded funds (ETFs), and investor uncertainty surrounding the Federal Reserve's next moves caused the virtual asset to nosedive down to under $57,000 last month. The Bitcoin ( CRYPTOCAP:BTC ) halving took place late on April 19 in the United States and led to miners having their rewards cut in half from 6.25 CRYPTOCAP:BTC to 3.125 CRYPTOCAP:BTC for each block they process. The idea is that the event will make it more difficult to make new virtual coins as time goes on. Four halvings have now taken place, and after about a year following each one, the coin has typically risen in price. Bitcoin's rise this year has mostly been thanks to new investors putting money into the asset via the new spot ETFs, which were approved in January. The investment vehicles have been massively popular, receiving billions of dollars in inflows. The Bitcoin ( CRYPTOCAP:BTC ) price has continued its bullish move today while crossing the brief $67,000 mark over the last 24 hours, as investors seem to have shifted focus on the crypto. Meanwhile, a flurry of market pundits also attribute the current surge in the BTC price to the notable inflow of the U.S. Spot Bitcoin ETF. The Bitcoin ( CRYPTOCAP:BTC ) price has gained notable traction since last year, as evidenced by a rally of over 145% over the last 12 months. Notably, the hype and approval of the U.S. Spot Bitcoin ETF seem to have bolstered the confidence of the cryptocurrency sector so far this year. Technical Outlook Bitcoin's ( CRYPTOCAP:BTC ) price is down 0.38% as of the time of writing trading at $ 66,774.74. The Daily price chart of Bitcoin ( CRYPTOCAP:BTC ) depicts a bullish flag pattern and a further move to the $72k level will accentuate the bullish flag pattern.
BINANCE:BTCUSD
by DEXWireNews
Bitcoin Eyes Resistance at $71K or $73K?"www.tradingview.com Bitcoin has finally exceeded 65,000, giving rise to the resumption of the upward trend in accordance with the pattern formed this year on the daily chart. we can see bitcoin at the level of 74,000 in the coming weeks. Bitcoin appears to be exhibiting strong bullish signals. Increased interest and a favorable fundamental backdrop could contribute to price strengthening. It's prudent to monitor specific levels closely, as breaking through them may signal further movement, with corresponding targets outlined on the chart.
EIGHTCAP:BTCUSD
by Goldxking
[BTCUSD] - the most important resistance in 1D chartin 1D chart BTC is still consolidating in falling wedge pattern...breaking out the upper side make btc trading above the green rectangular and it's just a matter of time to habben. Green rectangular is a most important zone in this chart...it represents a neck line of the inverse H&S pattern , 0.5 fib level , POC line , 50EMA 4 massive resistance in daily chart gathering in one area. JUST IMAGINE THAT BTC BROKEN THE GREEN RECTANGULAR AND TRADING ABOVE? stay alert... every time BTC get bullish it make fools of all bearish and make everyone buying too late. appreciating ur supporting with "like" and press "follow" for more updates, ideas🎯
BITSTAMP:BTCUSDLong
by ceciliones
19
Bitcoin Breaks $65k Level as ETF Inflows Drive Price Higher The cryptocurrency market has seen a 2.50% increase in the last 24 hours, reaching $2.35 trillion on May 17. This is driven by the continued inflows into spot Bitcoin exchange-traded funds (ETFs) in the United States. As of May 16, these funds managed approximately $12.40 billion worth of Bitcoin ( CRYPTOCAP:BTC ), up from $11.18 billion at the beginning of the month. Over 600 firms reported holding Bitcoin ETF funds in their portfolios, with JPMorgan, the world's largest banking institution, and Wells Fargo reporting exposure to Bitcoin ETF funds in a filing with the US Securities and Exchange Commission (SEC). The Bitcoin ETF inflows coincide with a decline in US bond yields, indicating a growing risk appetite among investors amid a rising crypto market and the likelihood of lower returns in the Treasury market. This trend primarily developed after the US Federal Reserve's two-day Federal Open Market Committee (FOMC) meeting concluded on May 1, which announced they would not raise interest rates in the near future until inflation calms down. On May 15, the US Consumer Price Index (CPI) showed a decline in inflation, resulting in bond investors now seeing the first rate cut happening in September instead of November, as initially expected. China is likely to drive the price of Bitcoin ( CRYPTOCAP:BTC ), Gold, and other stock assets with the impending Quantitative Easing (QE) in the region's real estate sector. The potential outlook of China's economy with speculations of Quantitative Easing (QE) in the region's real estate sector is likely to impact Bitcoin ( CRYPTOCAP:BTC ) and Gold prices and liquidity in the coming months. Technical Outlook Bitcoin ( CRYPTOCAP:BTC ) is up 2.89% as of the time of writing trading at $67,000 per $BTC. The asset has a Relative Strength Index (RSI) of 58.97 which is poise for further growth. The daily price chart of CRYPTOCAP:BTC depicts a "Bullish Symmetrical Triangle" with a Bullish engulfing candlestick further validating the thesis.
BITSTAMP:BTCUSDLong
by DEXWireNews
Bitcoin BTC: Eyes on Key Daily and Intraday Resistance Zones!Daily Chart: Bitcoin is re-testing the pivotal resistance zone around $66,741 and striving for upward momentum. A daily closure above this zone could ignite a bullish advance towards the $69,466 resistance. Escalating past $69,466 is likely to result in the new ATH above $72,715. A rejection of $66,741 could signal a bearish momentum, exposing the $61,671 level as the next significant support, however first Bitcoin will have to overcome $64,206. Intraday Chart: Bitcoin is re-testing the crucial intraday resistance $65,684-$66,589 and has to sustain price action in this zone for a continuation of the uptrend. 1. A breach above $66,589 could set the stage for a rally towards $67,740-$68,731. 2. Conversely, slipping below $65,684 may trigger a descent to $63,349 where we are likely to see a bullish reversal that will offer a buy opportunity towards $67,740 and higher to $71,067.
BYBIT:BTCUSD.P
by Trade-Lean
Bitcoin Bounces Back: Eyes on $74,000 After May 16 Surge Bitcoin (BTC) surprised many on May 16th with a sudden surge that brought its price close to $66,000. This bullish move followed a period of consolidation and came amidst a broader risk-asset rally triggered by positive economic data from the United States. While some analysts remain cautious, others see this jump as a potential springboard for further gains, with some even predicting a push towards $74,000. Positive Macro Data Fuels Risk-On Sentiment The key factor behind Bitcoin's recent price increase seems to be a shift in investor sentiment. The release of positive economic data from the U.S., indicating continued economic growth, sparked a risk-on environment across the markets. This meant investors were more willing to invest in riskier assets like Bitcoin, leading to the sudden price jump. Bitcoin Price Analysis: A Bullish Case Technical analysts are now scrutinizing the recent Bitcoin price action. The successful break above the $62,000 resistance level is a bullish signal, suggesting a potential continuation of the uptrend. Additionally, some analysts point to the fact that Bitcoin is currently trading above its 50-day and 200-day moving averages, further bolstering the bullish case. This positive sentiment is echoed by some prominent figures in the cryptocurrency space. Predictions are circulating that Bitcoin could reach $74,000 in the near future, with some even suggesting a potential price discovery phase beyond that. Doubts and Uncertainties Remain Despite the current optimism, some analysts remain cautious. The swiftness of the recent price increase has raised concerns about a potential correction. A pullback could occur if investors decide to take profits or if there's a sudden shift in market sentiment. Furthermore, the broader economic climate remains uncertain. Rising inflation and potential interest rate hikes by the Federal Reserve could dampen investor enthusiasm for riskier assets like Bitcoin. Focus on Key Resistance Levels The coming days will be crucial for Bitcoin's price trajectory. If BTC can hold onto its gains above $62,000, it could pave the way for a test of the $68,000 resistance level. A decisive break above this level would significantly strengthen the bullish case and increase the possibility of reaching the much-anticipated $74,000 target. Long-Term Outlook: Still Bullish? While the short-term outlook for Bitcoin is uncertain, many analysts remain optimistic about the long-term prospects. The upcoming Bitcoin halving event in 2024, which will significantly reduce the number of new Bitcoins entering circulation, is expected to put upward pressure on the price in the long run. Furthermore, the increasing institutional adoption of Bitcoin continues to be a positive sign for its future. As more major financial institutions embrace Bitcoin, it could lead to increased demand and price appreciation. Conclusion: A Balancing Act for Bitcoin Bitcoin's recent surge is a positive development, but it's important to acknowledge the remaining uncertainties. The price will likely continue to be influenced by a combination of factors, including macroeconomic data, investor sentiment, and technical indicators. While some analysts predict a price discovery phase beyond $74,000, others remain cautious about the possibility of a correction. Close attention should be paid to how Bitcoin behaves in the coming days, particularly its ability to hold onto its gains and potentially overcome the key resistance levels. Ultimately, whether Bitcoin can maintain its upward momentum and reach new highs will depend on how these various factors play out in the near future. Disclaimer: This article is for informational purposes only and should not be considered financial advice. Please consult with a financial professional before making any investment decisions.
BITSTAMP:BTCUSDLong
by bryandowningqln
BTC upside potential for the next 24 hours and one week ☀️Hundreds of firms disclosed investments in the spot Bitcoin ETFs With the first quarter earnings season coming to an end and the deadline for regulatory filings expiring, a slew of financial institutions have disclosed their equity and crypto holdings. Interest in the 11 exchange traded funds (ETFs) approved by the Securities and Exchange Commission (SEC) was high. At least 317 firms have disclosed investments in BlackRock’s NASDAQ:IBIT ETF, and at least 502 firms have disclosed investments in AMEX:GBTC , Grayscale’s Bitcoin trust that was converted into an ETF, CryptoSlate reports citing Fintel data. Bitcoin rallied to a three-week high above $66,000, Trading View’s Bitcoin chart shows. The sharp upturn triggered the liquidation short positions exceeding $100 million. The price of Bitcoin climbed 5.83 percent to $66,327 over the past 24 hours. ATTMO forecasts bullish sun to shine over Bitcoin in the next 24 hours, indicating upside potential. This bullish trading mood is set to continue across the board over a one-week time horizon. Follow us for more crypto news and weather reports!
BITSTAMP:BTCUSDLong
by ATTMO
Crypto Market InsightsExamining the broader crypto market, it's evident that we've hit the Wave 4 target zone on the Total Market Cap chart, reacting perfectly—a precise landing in this case. This suggests that, looking at the entire market as a unified entity, we should form new local highs and surpass Wave 3. When we look at other indicators, like the Ethereum to Bitcoin chart, we see that the price is falling, indicating Ethereum's strength relative to Bitcoin has been declining for some time. We're now at the lowest level in three years. This could soon reverse, potentially triggered by a trendline that has been touched twice since January 2020, indicating a possible turn. If Ethereum turns around, it would likely lead the Altcoins. During an Altcoin season, Ethereum usually pumps before other Altcoins follow. This means we need a bit more patience. Regarding Bitcoin dominance, we expect another rise to continue the four-month trend of higher highs and higher lows. This could lead to a subsequent drop in dominance, possibly placing us back in the current range. A falling Bitcoin dominance, combined with a rising Bitcoin price, would propel Altcoins, potentially coinciding with a turn in the Ethereum to Bitcoin chart. Several factors align favorably. We just need to stay patient, focused, and ready to seize opportunities.
CRYPTOCAP:TOTAL
by stromm_by_wmc
BTCUSD: The Game of Probabilities | New ATH? 65.28% Chance!Medium-term analysis of COINBASE:BTCUSD indicates that the price is poised to surge towards new all-time highs, with a probability of 65.28%! Let's get into the underlying reasons for this: 1. The current status on the "1D" timeframe is "Active," indicating that the price has already reached and touched the 50% equilibrium level on the current timeframe. 2. Since the price has reached the equilibrium level of the daily timeframe, our focus now shifts to determining which liquidity side presents higher probabilities compared to the other. 3. In this scenario, the 1D/BSL (Buyside liquidity) indicates a 65.28% probability of the price reaching the 73835.57 level again. More details: Feel free to share your thoughts or any feedback you have on the analysis. Also, if you're interested in analyzing the probabilities directly on your charts make sure to check out the Free Public Indicator that I've published recently!
COINBASE:BTCUSDLong
by Fractalyst
BTCUSDT As you can see that btc on daily has made LL and LH again LL and LH and is now above its support , we have 2h support as mentioned in above picture, we have 3 probabilities; probability 1;if on daily btc closes above 64150 level , then we will wait for a retest again to 64k and can open a long/buy there which i think has minimal chances be cautious and don`t fight the trend Probabilty 2; on bearish side if we close below 60K on daily then we can play it in two ways; 1. close below 60K and touches 56300, we can buy/long and target will be 60k atleast 2. close below 60K and daily previous lows break too, then most probably we can see BTC coming to 52300 and then range formation , targeting again previous support (which will be resistance then) can be targeted which is 60300 and 64k
Long
by Cryptotradingcommunitybyhassan
Bitcoin Surges 3.50% After Cooling US CPI Inflation DataBitcoin ( CRYPTOCAP:BTC ) price surged past $63K after the latest U.S. CPI inflation data showed a 0.3% rise in inflation, in line with market expectations. The Core CPI rose 3.6% on a YoY basis, sparking market concerns. However, investors seem to have shrugged off the inflation concerns, especially after the recent U.S. PPI data showed that inflation has soared more than expected. The latest U.S. Labor Department data showed that the U.S. Consumer Price Index (CPI) rose by 0.3% in April, lower than market expectations of 0.4%. On an unadjusted basis, the U.S. CPI advanced 3.4% on a year-over-year (YoY) basis, in line with market expectations. Simultaneously, the Core CPI, excluding food and energy prices, rose 0.3% on a monthly basis, in line with Wall Street estimates. On a YoY basis, the Core CPI jumped 3.6%, after soaring 3.8% in the prior month. Despite the inflationary pressure, investors seem to be lauding the better-than-anticipated figures. The latest U.S. PPI inflation data comes in more than the market was expecting, and Federal Reserve Chair Jerome Powell reiterated the central bank's stance with their rate hike plans. According to the CME FedWatch Tool, there is a 96.9% chance that the central bank will hold on to the current interest rate level at their upcoming June meeting. Furthermore, following the CPI data, the U.S. 10-year Bond Yield fell 2.07% to $4.354, while the U.S. Dollar Index plunged 0.42% to $104.455. Despite the spike in inflation data, investors are focusing on other areas for now. The asset is moving with a Relative Strength Index (RSI) of 51.99 which is neither overbought nor oversold. In conclusion, the Bitcoin ( CRYPTOCAP:BTC ) price has rallied after the latest CPI inflation data, with the one-day trading volume of the flagship crypto also surging 8.77% to $27.82 billion.
Long
by DEXWireNews
Bitcoin - The bullrun is not over (yet)!Hello Traders and Investors, today I will take a look at Bitcoin . -------- Explanation of my video analysis: For more than five years Bitcoin has been trading in a solid rising channel formation. We saw the last retest of support in 2022 which was followed by a bullish reversal on the smaller timeframes and an incredible rally of 300% towards the upside. Considering that Bitcoin is now retesting previous resistance, it is quite likely that we will see a short term rejection first. -------- Keep your long term vision, Philip (BasicTrading)
BITSTAMP:BTCUSDLong
by basictradingtv
ETH/BTC Ratio Slumps 30% as Bitcoin Flexes Market MuscleThe Ethereum (ETH) to Bitcoin (BTC) ratio has been on a downward spiral, recently dipping to 0.046 – a level last witnessed in April 2021 and briefly revisited in April 2024. This significant decline underscores Ethereum's current challenges in maintaining its position against Bitcoin's ever-growing dominance within the cryptocurrency market. Over the past year, the ETHBTC pair has shed an unsettling 30% of its value. Year-to-date losses are also concerning, exceeding 11%. These figures paint a worrying picture for Ethereum, raising questions about its future trajectory and potential to dethrone Bitcoin as the leading cryptocurrency. Several factors are likely contributing to this trend: • Bitcoin's Narrative Strength: Bitcoin continues to hold a strong narrative as "digital gold," a scarce, hedge-like asset favored by institutional investors seeking a store of value. This perception fuels its price stability and market dominance, particularly during periods of economic uncertainty. • Ethereum's Inflationary Concerns: Unlike Bitcoin's capped supply, Ethereum's issuance is not limited. This "inflationary" model has caused anxieties among some investors, who worry about potential price dilution in the long run. • The Ethereum Merge Looms: The highly anticipated Ethereum merge, transitioning from a Proof-of-Work (PoW) to a Proof-of-Stake (PoS) consensus mechanism, is still under development. Delays and uncertainties surrounding the merge's impact on Ethereum's scalability and efficiency might be keeping some investors on the sidelines. • Regulatory Landscape: Regulatory scrutiny surrounding the cryptocurrency market remains a concern. While clarity on regulations could benefit the entire industry in the long run, the current uncertainty might be discouraging some investors from entering the Ethereum market. • Alternative Layer 1 Blockchains: The emergence of alternative Layer 1 blockchains like Solana and Cardano offering faster transaction speeds and lower fees could be siphoning off some investor interest away from Ethereum. Is This the End for Ethereum? The current situation doesn't necessarily signal the end of Ethereum. It's crucial to remember that the cryptocurrency market is still young and highly volatile. Here are some reasons for optimism regarding Ethereum's future: • The Potential of DeFi: Ethereum remains the dominant platform for Decentralized Finance (DeFi) applications, a rapidly growing sector with immense potential to disrupt traditional financial services. Continued DeFi adoption could significantly boost Ethereum's utility and value. • The Merge's Promise: A successful merge to PoS could address scalability concerns and enhance Ethereum's environmental sustainability, potentially attracting more environmentally conscious investors. • Developer Ecosystem Strength: Ethereum boasts a robust and active developer ecosystem constantly innovating and building dApps (decentralized applications) on the platform. This strong developer base is a crucial asset for Ethereum's long-term growth. Looking Ahead: A Shifting Landscape The cryptocurrency market is constantly evolving, and the relationship between Bitcoin and Ethereum is likely to remain dynamic. While Bitcoin may retain its "digital gold" status for the foreseeable future, Ethereum's success will hinge on its ability to address scalability issues, deliver on the promises of the merge, and maintain its dominance in the DeFi space. Investors should carefully consider their risk tolerance and investment goals before making any decisions. Both Bitcoin and Ethereum represent high-risk, high-reward investment opportunities. A diversified portfolio across established and emerging cryptocurrencies might be a prudent approach for navigating the ever-changing digital asset landscape.
Short
by bryandowningqln
Potential Bitcoin Long on Weekly Stochastic RSI CrossoverBitcoin, the world's leading cryptocurrency, has experienced a volatile period in recent months. However, a technical indicator on the weekly timeframe is sparking potential buying opportunities for long-term investors. This indicator is the Stochastic RSI, and a recent or upcoming bullish crossover could signal a reversal in the downtrend. Understanding the Stochastic RSI The Stochastic RSI (Stochastic Relative Strength Index) is a technical momentum indicator that oscillates between 0 and 100. It measures the closing price of an asset relative to its price range over a specific period. In simpler terms, it indicates whether the asset is currently trading near the highs or lows of its recent price range. The Stochastic RSI consists of two lines: %K and %D. The %K line is the faster-moving average of the RSI, while the %D line is a slower-moving average of %K. A bullish crossover occurs when the %K line crosses above the %D line, suggesting a potential reversal from oversold conditions and a possible upswing in price. Why a Weekly Stochastic RSI Crossover Matters The weekly timeframe provides a broader perspective on price movements compared to daily or hourly charts. A bullish crossover on the weekly Stochastic RSI suggests a shift in momentum that could hold more weight than on shorter timeframes. This crossover can indicate that oversold conditions have been exhausted, and buyers are starting to take control. Current Bitcoin Situation and the Stochastic RSI By analyzing historical charts, we can see that the weekly Stochastic RSI for Bitcoin has fluctuated between oversold and overbought territories throughout its history. In previous instances, bullish crossovers on the weekly timeframe often coincided with periods of price accumulation and subsequent price increases. Is a Bullish Crossover Imminent? While it's impossible to predict the future with certainty, a potential bullish crossover on the weekly Stochastic RSI for Bitcoin is an interesting development to watch. If the crossover materializes and is accompanied by other positive indicators, it could signal a buying opportunity for long-term investors. Important Considerations Before Going Long on Bitcoin • Market Volatility: The cryptocurrency market remains highly volatile. Even with a bullish technical indicator, there's no guarantee of a sustained price increase. • Fundamental Analysis: Don't rely solely on technical indicators. Consider fundamental factors like regulations, adoption rates, and overall market sentiment when making investment decisions. • Risk Management: Always implement proper risk management strategies, such as stop-loss orders, to limit potential losses. Bitcoin is a high-risk investment, and investors should only allocate a portion of their portfolio that they can afford to lose. Conclusion A potential bullish crossover on the weekly Stochastic RSI for Bitcoin presents a glimmer of hope for long-term investors. However, it's crucial to remember that technical indicators are just one piece of the puzzle. A comprehensive investment strategy should also consider fundamental analysis and proper risk management. While the future remains uncertain, this technical development is worth keeping an eye on as Bitcoin continues to navigate a volatile market.
BITSTAMP:BTCUSDLong
by bryandowningqln
Bitcoin Standing Strong Amidst Selling PressureThe cryptocurrency market has been experiencing downward pressure due to Bitcoin's performance, with the market cap valued at $2.2 trillion as of Monday. Despite some growth over the weekend, the market has been on a steady decline since March 14th, characterized by lower lows and lower highs. Cryptocurrencies have been receiving support from an increase in risk traction in stock markets, but also faced internal pressure due to asset sell-offs by miners and fears of tighter regulation of cryptocurrencies. Bitcoin's performance has been largely responsible for the current state of the overall crypto market. However, it has been exhibiting some resilience over the past two months, garnering significant buyer interest as it approaches the $60K mark. A failure to maintain its current level could potentially trigger a panic sell-off. A rise above FWB:65K , with the price fixing at the 50-day moving average and the reversal area in early May, could signal a more positive scenario. US venture capital fund Pantera Capital has invested an undisclosed amount in CRYPTOCAP:TON , citing the project's potential to become one of the largest crypto networks. Ethereum co-founder Joseph Lubin expressed concern that the US SEC is impeding innovation, which could jeopardize the future of the country's financial system. ARK Invest and 21Shares have removed staking from their application to launch a spot Ethereum-ETF, possibly indicating an attempt to clean up paperwork based on SEC comments.
by DEXWireNews
Bitcoin Channel AnalysisBullish scenario: $64000 is broken and run to $72000. If $72000 is broken, a bull flag formation occurs and 100k is reached. Bearish scenario: Rejection at $64000 and break of both price action support and moving average level at $60000. It drops up to $52000. Since it recovered quickly after the decline below 60k at the beginning of May, I think the bear scenario is not possible except in an extraordinary situation. But we should not forget to put our stops just in case. On the contrary, apart from these two scenarios, it is also possible for Bitcoin to fluctuate in the parallel channel between 73k - 60k.
Long
by YavuzAkbay
Bitcoin Price Analysis: Explosive Move Ahead!?Weekly Chart: Yesterday, the weekly candle closed red, but indecisive, right on top of the support at $61,263, which is also the mid of the weekly range zone. The wide weekly range zone between $54,758 and $67,769, highlighted to CRYPTOLEAN community a few months ago, is characterised by a slow and choppy price action and I have consistency said that a dip to below $67,769 will lead to a boring range-bound move. This week should lead the bias from its current price location and Bitcoin can move in either direction from here. Based on the technical closure of the last week candle that made a higher high and has to confirm higher low, Bitcoin is able push back toward the key resistance at $67,769, where the price action will be very important. Daily Chart: Bitcoin is trying to reclaim the key daily zone around $61,671. A bullish candle closure above $61,671 or, even better, above the top of the zone around $61,671 (grey box) will confirm the lower low and push price towards $66,741, the key daily zone. A price recovery to above $66,741 will push price of BTC towards $69,466 and higher to $72,715. Below $61,671 zone, Bitcoin is bearish and sustained price action below this level results in a downward move towards $55,697. Intraday Chart: The intraday chart is moving agressively bullish and has already tested the key resistance zone around $63,349. A bullish break-out of $63,349 or a re-test of $62,358 followed by a bullish rejection will lead to price moving towards $65,684. A bearish break-out below $61,368 results in a dip towards $60,302 and lower to $59,031 zone, where the price action will be very important.
by Trade-Lean