Watch these key technical levels as Bitcoin price nears $61,800 all-time high

Cointelegraph

Published Apr 10, 2021 11:44AM ET

Updated Apr 11, 2021 02:00PM ET

The price of Bitcoin (BTC) has surpassed $61,000 on April 10 for the first time in nearly a month. Following the breakout, traders are starting to look at new levels of resistance and support in the short-term as optimism returns to the market.

In the near term, besides the all-time high at around $61,800, there are three key Bitcoin price levels to observe: $61,188, $58,387 and $53,000.

BTC_USDT orderbook heatmap (Binance). Source: Material Indicators
BTC/USD 1-day price chart (Coinbase). Source: Rekt Capital, TradingView.com

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