Through the early hours, the crypto total market cap fell to an early morning low $2,816bn before rising to a late morning high $2,870bn.
In the event of another extended rally through the afternoon, Bitcoin could test resistance at Wednesday’s ATH $68,958.0 before any pullback.
Looking beyond the support and resistance levels, we saw a bullish cross with the 50 EMA crossing through the 100 EMA this morning.
Through the 2nd half of the day, a further widening of the 50 EMA from the 100 would bring $68,000 levels into play.