BTC Finds New ATH

Written By Guest User
9C90CA51-A77D-47C0-A9AC-7366F2E67791.png

At the time of posting, BTC has recently achieved a new ATH of over $66k. This seems to be a largely fundamental-driven rally. With RSI and MFI still in overbought territory, some technical indicators are looking like we may flip, however, the recent attention brought forth by ETFs has provided BTC with a much-needed boost to fight through resistances.

With this recent move, BTC has now entered price discovery once more.

6961C742-5DA8-4266-A752-5AEF71BCA75F.png

On the technical end, Ethereum is singing a slightly different tune. With the MFI moving upwards and momentum preparing to as well, we may find ETH start to make its way towards its own previous ATH.

Guest User
Previous

First Bitcoin Futures ETF Trades Nearly $1 Billion in One Day

Next

SEC Chair Gary Gensler responds to concerns about first Bitcoin-linked ETF