Bitcoin just posted its highest levels since March 3 — will they hold?
a potential breakout scenario for Bitcoin's relative strength index on the daily chart — a phenomenon which has often preceded price strength."BTC is a few hundred bucks away from the first higher high we've seen in a long time. Will it happen?" crypto market analyst Kevin SvensonBitcoin had already sealed an impressive weekly close Sunday, its highest since early February, and now, macro cues were adding to the positive momentum once again.
Trading was brisk for Asian markets on the day, the Hong Kong Hang Seng index up 3.15% at the time of writing.
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