Over the week, bitcoin has risen in price against the dollar by 3.55%
Over the week, bitcoin has risen in price against the dollar by 3.55%, to $ 65519. On Sunday, the price rose 1.77% to $ 65,519. The low of the week is fixed at $ 62,278. For the past four days, the BTC / USD pair has been trading in the $ 3,600 range.
The new week began with gains amid increased risk appetite in other markets. Gold and US index futures are also in positive territory. The price is trading at $ 65,720 (50% of the fall from $ 69,000 to $ 62,278). Buyers fail to gain a foothold above $ 65,900. Their activity remains low.
Bitcoin technical conditions are favorable. By time, buyers need to reach $ 68,300 by the close of the day. If sellers seize the initiative, then at the level of $ 63,500 we will have a bloodbath. If buyers lose the battle, sellers will have a level of $ 61,300 on the horizon. A breakdown of the daily trend line will then open targets around $ 59800. Buyers have no time.
Posted Using LeoFinance Beta
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