Technical analysis by moneyhacksrwanda about Symbol BTC: Buy recommendation (6/17/2023)

Bitcoin Recrosses $26.3K to Hit Highest Level in a Week Amid Less than 24 hours after fund management giant BlackRock filed paperwork for a spot bitcoin ETF, bitcoin recrossed $26,000 and soared to its highest level in a week. The largest cryptocurrency by market capitalization was recently trading at $26,369, up nearly 5% over the past 24 hours, according to CoinDesk data. BTC was trading below $25,000 – near its three-month low – as recently as Thursday morning before settling at about $25,500 in the hours immediately following the BlackRock filing.