BTC/USD analysis 10/06/2021
Bitcoin held on and rebounded from the support area of $40,000 (50% Fib), broke through the upper line of the rising channel and is currently trading around the level of $ 51,000.
The next key resistance is in the level of $ 53,500 (September high). A break of this resistance will open the way to an all-time high of $ 64,700.
The nearest support is in the area of $ 48,000.
Created by Joshua Hayn