Bitcoin exceeded $67,000 this morning, setting a monthly high, and Ethereum climbed 3,540! BTC’s next pressure level?

This site (120bTC.coM): After Bitcoin fell to US$63,230 yesterday, it began a strong rise in the evening. It once exceeded 67,000 US dollars at around 3 o'clock this morning (20) and reached US$67,395, setting a new record. Highest point in months.

At the time of writing, there has been a correction and it is now trading at US$66,512. The increase in the past 24 hours has narrowed to 4.45%.

Where is the BTC pressure level?

According to Fibonacci retracement, the next pressure level (0.786) after Bitcoin breaks through 0.618 is about $68,000. In addition, this level is also the upper edge of the transaction-intensive area. If it hits this price, there will be an obvious trend. If it falls, there may be another pullback to accumulate more power.

Although the trend of Ethereum is close to that of Bitcoin, with the highest price reaching US$3,540 in the morning, the overall increase is weak. It is currently trading at US$3,486 before the deadline, up 2.14% in the past 24 hours.

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