BTCUSD

BTCUSD, Bitcoin rose to $71,957 and Ethereum to $3,720 as investors bought up the cryptocurrency after a report that the SEC suddenly asked exchanges to update their regulatory filings to trade Ethereum ETFs (expectations that approval could come this week increased). Despite some profit taking, BTC still remains near the 70,000 band, and with the wind behind it, new targets will now be breaking the 80,000 band. If it breaks the 71,000 band during the day, the most important support level is $69,000 in open pullbacks to 73,000, and if the sell position continues from here, we could see a pullback to $67,000. Support: 69,000 – 67,000 Resistance: 71,000 – 73,000