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Bitcoin on its way for another look at 60k

31 Mar, 2021

Bitcoin has made some further progress so far today. Yesterday the lead cryptocurrency seemed to struggle to get much above 59k and could not hold the topside above that level. Earlier today it fell back towards 58,500 but a series of lows around there has set up a positive platform for some further traction right now this morning. That has taken the price above the highs seen yesterday and closer to 60k again. That level has not been breached so far this week, but right now looks like it is the best chance that it will now do so. Beyond 60k lies the all time record highs above 61k and it remains to be seen if a new record can be reached at some point today. The current chart dynamic and immediate price action would suggest a much higher probability than there was yesterday. Bitcoin is currently trading at 59,520

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