BTCUSD

BTCUSD, Bitcoin rose to $71,957 and Ethereum to $3,765 as investors bought the cryptocurrency after a report that the SEC suddenly asked exchanges to update their regulatory filings (approval is likely to come tonight) for Ethereum ETF trading. Despite some profit taking, BTC still remains near the 70,000 band and the pair, which has the wind behind it, will now aim to break 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