BUZZ-Bitcoin finds support sub-$60k, eyes all-time-high by $67k

BTC regains key 59k level, eyes Oct 20 high by 67k

  
A representation of the virtual cryptocurrency Bitcoin is seen in this picture illustration taken October 19, 2021.

A representation of the virtual cryptocurrency Bitcoin is seen in this picture illustration taken October 19, 2021.

Reuters/Edgar Su

* BTC rallies with risk, +5% at 61.5k; Thurs range 61.8k-58.1k

* Overnight weakness on leveraged BTC ETF rejection reversed

* BTC regains key 59k level, eyes Oct 20 high by 67k

* Above 67k, Fib projections off 58.1k low target 72.24k, then 76.6k

* Support at Thursday low 58.1k, then 60k's 50% Fib of 40.8-67k rise

* As BTC eyes ATH by 67k, ETH outpaces rise, ETHBTC up 1.05%

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


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