Bitcoin Back Over $7000
Bitcoin retakes $7000 and things are looking good this morning – $7200 seems to be the number:
“Full steam ahead” to halving
“The longer BTC/USD can stay above $6,800, he continued, the less likely the pair is to fulfill more dire expectations and fall back to levels around $4,000 or $5,000.
‘If bitcoin can reclaim that yearly VWAP level of 7200 during the week (i.e. not just on a weekend) then it’s full steam ahead for the halving IMO,’ he wrote.”