3 min readBITCOIN (BTC/USD):
We’re finally seeing strong momentum and volatility returning to the cryptocurrency market, especially with Bitcoin. Last week, Bitcoin closed with an impressive 11% week-over-week gain. Currently, it’s trading just above $68,000, encountering some resistance around the $69,000 mark.
If we take a step back, you’ll notice there are still a few key levels to surpass if Bitcoin breaks above and moves higher into the $70,000 range. Additionally, we can see that the RSI indicator has broken into the 70% level, so I’ll be closely monitoring price action developments throughout the week.
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