Coinspeaker
Bitcoin Price Rebounds Above $65k Amid Heightened Greed

Bitcoin (BTC) price ended the recent correction phase after closing last week in a Doji candlestick that indicates buyers are aggressively accumulating. The flagship coin opened Monday on a bullish note to trade around $65,232 at the time of this writing, up around 2.4 percent in the past 24 hours.

Following the notable Bitcoin price rebound, the altcoin market closely followed, thus pumping the total crypto market cap by over 3 percent to around $2.54 trillion.

Bitcoin Price Gets Ready for New ATH

After establishing a robust weekly support range between $60K and $63K, Bitcoin price is well primed to revisit the all-time high (ATH), which was established in May. The daily Relative Strength Index (RSI) closely followed the underlying value in the market rebound. Notably, as Bitcoin price against the US dollar rebounded above $63k earlier today, the daily RSI also broke out of a falling logarithmic trend.

#Bitcoin

I wanted to post this tomorrow but my excitement won't allow me. License.

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