Through the early hours, the crypto total market cap rose to an early morning high $2,831bn before falling to a late morning low $2,729bn.
In the event of another extended rally through the afternoon, Bitcoin could test resistance at Wednesday’s ATH $68,958.0 before any pullback.
Looking beyond the support and resistance levels, we saw a bearish cross with the 50 EMA crossing through the 100 EMA this morning.
Through the 2nd half of the day, a bearish cross reversal of the 50 EMA back through the 100 would bring $68,000 levels into play.