Bitcoin broke out from the $41,000 area on Friday. However, buyers failed to defend it into the weekly and monthly close.
Ethereum, on the other hand, is working on its 13th straight green day.
In today’s issue, I’ll break down what I’m watching for BTC and ETH. I’ll also provide an update on my LINK trade and my VET buys.
Bitcoin closed above that $41,000 area on Friday. That’s the intersection of the May/June closing prices and the March 2020 channel bottom.
BTC remained above it on Saturday. However, Sunday appears to have closed back below it.
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