🔥Bitcoin, Ethereum Technical Analysis: BTC Bulls Recover SEC Related Losses, as Price Moves Over $29,000🔥

🔥Bitcoin

Bitcoin (BTC) raced to a six-week high in today’s session, as bulls moved to recover all losses that came as a result of the SEC suing Binance and Coinbase

BTC/USD hit an intraday peak of $28,975.62 earlier in the day, which comes less than 24 hours after trading at a low of $26,668.79.

Today’s move sent the cryptocurrency to its strongest point since May 6, when price traded at $29,850.

As of writing, price strength has moved beyond a ceiling at 58.00, and is currently tracking at 65.63

Following a low of $1,715.34 on Tuesday, ETH/USD jumped to a high of $1,821.70 during today’s session.

As a result of this move, the world’s second largest cryptocurrency hit its strongest point since June 10