XBTUSD News

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Last Updated Date: 12 May 2021 @ 6:29 AM (UTC)
*Please note that all the dates are in GMT time zone

Since May 1, BTCUSD has been fluctuating between $54,000 and $60,000 price levels. Buyers retested the $60,000 overhead resistance twice. On Each retest, the market would fall to the $54,000 low. This has been the price action since March 13, when Bitcoin first attained the $60,000 psychological price level. The breakout above $60,000 overhead resistance and the sustenance of the bullish momentum will determine the second round of upside momentum.

Resistance Levels: $60,000 
Support      Levels: $52.544, $46,242 

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