BTC/USD Peaks at 41076: Sally Ho’s Technical Analysis 15 June 2021 BTC

Bitcoin (BTC/USD) remained pressured early in today’s Asian session as the pair appreciated to the 41076.03 level after trading as low as the 38928.57 level during the European session, with the intraday low representing a test of the 78.6% retracement of the depreciating range from 40440.95 to 33333.  Stops were elected above the psychologically-important 40000 and 41000 figures during the ascent to multi-week highs.