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XBTUSD News

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Last Updated Date: 16 June 2021 @ 6:46 AM (UTC)
*Please note that all the dates are in GMT time zone

In crypto markets, bitcoin traded at around $40,295, having hit a near one-month high of $41,341 on Tuesday, aided by the promise of fresh investment from major backer MicroStrategy and an upbeat tweet from Tesla boss Elon Musk.

Ether had less momentum, trading at around $2,530.

The market is triggering a short term upturn, looking for attempts to extend rallies and attack the previous swing high peaking levels. A breakout over the 42410 swing high signals a stretch to 46572. Minor corrective dips should only last 1-2 days at this stage of the drive and likely fight to rebound from 34691. A close under 34691 is bearish and suggests a secondary selling wave 31314.



 

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