BUZZ-Bitcoin hovers near trend highs as funds race to offer crypto ETFs

Cryptos remain elevated on ETF hopes

  
A representation of the virtual cryptocurrency Bitcoin is seen in this picture illustration taken June 14, 2021.

A representation of the virtual cryptocurrency Bitcoin is seen in this picture illustration taken June 14, 2021.

REUTERS/Edgar Su/Illustration

* BTC hovers near flat, by 61.5k in early NY; Mon's range 62.7k-59.9k

* Cryptos remain elevated on ETF hopes, BTC eyes April high by 64.9k

* Fund Mgrs VanEck, ProShares, Invesco seek approval to list BTC ETFs

* Bulls eye Apr 15 high 63.9k, then Apr 14's all-time-high at 64.9k

* Trailing 10-DMA support at 58.4k, then Oct 12 low at 54.9k

* Bulls in control above 51.85k the 50% Fib of 40.8k-62.9k's Sep-Oct rise

* ETHBTC slips 1.83%, BTC liquidity near ATH's aids BTC strength

(Paul Spirgel is a Reuters market analyst. The views expressed are his own) ((paul.spirgel@thomsonreuters.com))


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