Bitcoin rallies to its highest price in 2023 as crypto momentum is on the rise Bitcoin BTC Bitcoinprice
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Stocks also faced a pullback at the market open and spent the rest of the trading session clawing their way higher in an attempt to get back to even on the day. At the close of markets in the U.S., the S&P and Nasdaq managed to recover most of what was lost, finishing down 0.02% and 0.18%, respectively, while the Dow was able to climb into positive territory and finished the day up 0.03%.
“The BC bulls still have the solid overall near-term technical advantage amid a steep price uptrend in place on the daily bar chart,” Wyckoff said, which “suggests more price upside is likely in the near term.”Further insight into what may come next for Bitcoin was provided by market analyst Duo Nine, who posted the following tweet noting the potential for a pullback to $21,000 or range-bound trading between $22,000 and $23,000.Lets see if the price makes a lower low.
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