Page 5 - Mike Cagney News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Bitcoin added about a quarter of a percent during the day, reaching $66.5K. Early on Tuesday morning, the price briefly exceeded $67.1K, touching the 50-day MA, but then retreated. It seems that this time, the crypto market is waiting for a signal from stock indices rather than giving such a signal about risk appetite. The calm may be illusory and quickly come to an end. We reiterate that consolidation above $67.1K could open the way to the $72-74K area. A reversal to the downside could end with a quick rollback to the $60K area.

Mike cagneySwiss national bankBitcoin initiativeFigure markets