Bitcoin back above $30,000 as crypto markets prepare to head into June.
So far today, we have seenToday’s peak comes following three consecutive days of gains, which began near the recent support point of $28,800.As a result of this bullish momentum, bitcoin broke out of its ceiling of $30,500, and as of writing is just marginally below this point.
Bulls who entered in the last few days are likely securing profits at this resistance point, which has often been a point of contention. The 14-day RSI is also currently tracking at a multi-week high of 46, and may move higher until it finds the next ceiling at 49.Ethereum also rose by almost 5% to start the week, however these gains were not enough to send prices over $2,000./USD raced to an intraday high of $1,909.92 earlier today.
These gains came as bulls held the recent support point at $1,750, and pushed prices back towards the $1,950 former floor.
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