Bitcoin (BTC) is at a critical juncture. On June 1, the bulls propelled the price above the resistance line of the symmetrical triangle. However
GBTC would have purchased 75% of the newly mined Bitcoin during the period. By that time, its total holding of the top-ranked cryptocurrency
Though the bulls have not been able to propel Bitcoin (BTC) above the overhead resistance of $7,454.17
XRP dipped below the 20-day EMA ($0.185) on April 15 but quickly reversed direction on the next day and scaled above the 50-day SMA ($0.186).
The bulls failed to drive Binance Coin (BNB) above the 50-day SMA for four consecutive days. This has resulted in selling by the short-term bulls and the aggressive bears.