BITCOIN UPDATE: $BTC $ETH
-Bitcoin pumped to $87,000, this is its highest level in roughly 8 months.
-This Rally was supported by Short Liquidations, Improving ETF inflows, Lower Treasury yields and other factors.
-Bitcoin has closed above $86,500 under daily candle, The next important resistance is at $87,000 and $90,000.
-Next Key support is around $84,700 - $82,400.
-If this doesn't hold then $81k-$82k is the next support you should look out for.. If btc doesn't hold $81k - $82k then it would weaken the short term bullish structure.
-Bitcoin pumped to $87,000, this is its highest level in roughly 8 months.
-This Rally was supported by Short Liquidations, Improving ETF inflows, Lower Treasury yields and other factors.
-Bitcoin has closed above $86,500 under daily candle, The next important resistance is at $87,000 and $90,000.
-Next Key support is around $84,700 - $82,400.
-If this doesn't hold then $81k-$82k is the next support you should look out for.. If btc doesn't hold $81k - $82k then it would weaken the short term bullish structure.