Bitcoin has inched higher, topping its previous high, but just barely. We are definitely struggling with $62.4K. There is still a great deal of excitement and exuberance in the crypto market over the new US ETF backed by Bitcoin futures. If the bull run continues, the next target is $64.3K. This is the last level before we can test all time highs again around $65K. The chart is starting to look a bit top heavy, so beware of a correction before we can test highs. If so, we should see support at $59.4K, or $57.7K.
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