Bitcoin price formed a base above the USD 63,500 level and started a fresh increase. BTC broke the USD 65,500 resistance and is currently (04:30 UTC) facing resistance near USD 66,000. A close above this level might start a steady increase in the near term.
Besides, most major altcoins are showing positive signs. ETH is gaining momentum and it could even surge above USD 4,750. XRP is stable above USD 1.20, but it is facing resistance near USD 1.22. ADA could struggle near the USD 2.12 resistance.
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After a downside correction, bitcoin price started a fresh increase above USD 64,000. BTC gained pace above the USD 65,000 level and it might continue to rise. On the upside, the price is facing resistance near USD 66,000.
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