Bitcoin Holds Support At $60K-$65K

We’re looking at possiby breaking our all time high it seems as if $86,000 would be next from there. Currently bitcoin is right under $66,000.

Bitcoin Holds Support at $60K-$65K, Testing All-Time High

Upside momentum is improving after a two-week consolidation phase of between $60,000 and $64,000. A confirmed breakout from that consolidation would require at least two consecutive daily closes above $66,900.

If a new all-time high is confirmed, indicators suggest further upside for BTC’s price, initially toward the $86,000 resistance level. Seasonal strength in the fourth quarter could support continued bullish activity over the next two months.

Full article here: https://www.coindesk.com/markets/2021/11/08/bitcoin-holds-support-between-60k-65k-testing-all-time-high/

 

Master Asked on November 8, 2021 in Bitcoin.
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