BTC Gets Ready for $60k

BTC 4hr candle chart, approximately 8:55am ET, 10/15/21.

BTC 4hr candle chart, approximately 8:55am ET, 10/15/21.

BTC tested a $60k resistance last night after news that the SEC would not stand in the way of a BTC ETF. After the news, BTC pumped almost immediately over $59,000. The jump in price tested $60k but was unable to break through initially. However, BTC has found support in the upper $50ks so it will likely test this resistance once more soon.

Coinmarketcap.com, approximately 9:00am, 10/15/21.

Coinmarketcap.com, approximately 9:00am, 10/15/21.

The overall cryptocurrency market cap is over $2.4 trillion after the rally. BTC dominance has also once again picked up, while ETH dominance dipped about .2%.

Previous
Previous

Flow integrates Filecoin storage services to make NFTs more decentralized

Next
Next

FAL NFT Podcast Episode 5