It was a rough six months for Bitcoin longs, as the price of BTC fell by more than half from an all-time high of $126,251 on October 6th to the low $60,000s in Q1.
Things have turned more positive this month, though, as Bitcoin has risen from $68k at the end of March up to $79k today.
If Bitcoin continues higher, its next test will be right around $85k, which acted as support from last November through January before ultimately giving way.
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It was a rough six months for Bitcoin (BTC-USD) longs, as the price of BTC fell by more than half from an all-time high of $126,251 on October 6th, down to the low $60,000s in Q1.
