Bitcoin touched $60,000 once again but is still unable to overcome the coveted price tag decisively. Some altcoins have registered impressive gains, led by Binance Coin’s 15% surge, which led to a new all-time high for the crypto market cap just shy of $2 trillion.
Bitcoin Touched $60K But No Further
The primary cryptocurrency has flirted with the $60,000 price line for a few days now. On March 31st, it came inches away from overcoming it after an impressive leg up, but to no avail.
Just the opposite, the price slumped by $3,000 in a matter of minutes. However, the bulls regained control once more and pumped BTC to just shy of $60,000.
The situation seemed different a few hours ago when bitcoin surged from roughly $58,500 and even surpassed $60,000 briefly. Nevertheless, the cryptocurrency has retraced once again by several hundred dollars and currently sits around $59,500.
The technical indicators place the $60,000 price level as the first major resistance obstacle in bitcoin’s way up. Should the asset finally overcome it decisively, the following ones are $60,760 and the all-time high of $61,780.
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