Bitcoin Breaks Through $60,000, Building Momentum To Reach Fresh Highs

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Bitcoin exceeded the key, psychological price level of $60,00 for the first time in several months. Where will the digital currency go next? Several technical analysts offer their views.

“Ideally, we’d like to see Bitcoin build a base over $60,000 and cement that level as new support. All eyes would then be on the all time highs of $65,000,” he stated.

“The last time we had a major breakout over an all time high was at the end of 2020 and it went on to have a monster rally.” He noted that “if this resistance level is breached, Bitcoin would then have fresh momentum and traders would target the $68,000 and $70,000 resistance levels.”“Bitcoin is shrugging off short-term overbought conditions on positive short-term momentum,” she stated.

 

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Bitcoin is new one world currency people r saying.

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