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Bitcoin falls from $66K highs, Tesla down 3% after Elon Musk warns he could sell more stock
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Bitcoin (BTC) tested $65,000 as support as U.S. markets opened Nov. 15 as a weekend surge ended in retracement.
Data from Cointelegraph Markets Pro and TradingView showed BTC/USD giving back a chunk of its overnight gains having hit local highs above $66,000.
In a move away from recent patterns, the pair failed to rally further into the start of trading on Wall St., instead eyeing April's old all-time high.
For Cointelegraph contributor Michaël van de Poppe, it was higher levels that were more important in order to preserve overall bullish momentum in the short term.
"Still looking at a potential rising wedge structure here," he summarized alongside an annotated chart.
Elsewhere, attention focused on indicators hinting that there could be much
Read more on cointelegraph.comAbout this in other media
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