Bitcoin clears the 200 day ma to open up a move to $70k
Bitcoin trades at $64,385, up over 10% for the week.
Its gains were fuelled by expectations of imminent Fed rate cuts, rising Middle Eastern geopolitical tensions and after independent US presidential candidate Robert F Kennedy through his support behind the pro-crypto Donald Trump.
The push above the resistance from the 200-day ma, currently at $63,327, opens the way for the rally to extend towards trend channel resistance at 70k.
Its gains were fuelled by expectations of imminent Fed rate cuts, rising Middle Eastern geopolitical tensions and after independent US presidential candidate Robert F Kennedy through his support behind the pro-crypto Donald Trump.
The push above the resistance from the 200-day ma, currently at $63,327, opens the way for the rally to extend towards trend channel resistance at 70k.
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