BTC/USD Peaks Around 36457: Sally Ho’s Technical Analysis 20 June 2021 BTC

Bitcoin (BTC/USD) drifted higher early in today’s Asian session as the pair appreciated to the 35875.59 level after trading as low as the 35214.76 level during the European session, with a recent low of 34833.26 representing a test of the 38.2% retracement of the depreciating range from 37325 to 33333.  Traders pushed BTC/USD as high as the 36457.18 area during the European session before selling pressure emerged, a level that represents a test of the 50% retracement of the appreciating range from 30000 to 42990.