Bitcoin trades above $60,000

Technical Analysis

Author: Greg Michalowski | bitcoin

High price reached is $60,356

High price reached is $60,356_
The price of bitcoin extended above the $60,000 level for the first time since April 18. The all-time high price comes in at $64,895 which is reached on April 14, 2021.

The catalyst today was rumblings that the SEC would approve a bitcoin ETF which could potentially open the door for further investment into the digital currency.  
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