Bitcoin is currently trading at $64,367 and has broken back above the $64,000 resistance level.
That's the first step.
Now the question is whether buyers can keep it there.
If they do, $65,700 is the next level I'll be watching.
At the same time, macro is starting to improve.
Reports suggest the US and Iran are close to reopening the Strait of Hormuz, which could ease pressure on oil and improve the outlook for risk assets.
The technicals and macro are finally starting to line up.
Let's see if Bitcoin can take advantage of it. $BTC
That's the first step.
Now the question is whether buyers can keep it there.
If they do, $65,700 is the next level I'll be watching.
At the same time, macro is starting to improve.
Reports suggest the US and Iran are close to reopening the Strait of Hormuz, which could ease pressure on oil and improve the outlook for risk assets.
The technicals and macro are finally starting to line up.
Let's see if Bitcoin can take advantage of it. $BTC