Bitcoin has moved back above an important daily resistance level, placing the next Fibonacci barrier near $67,000 within reach.

Ethereum is approaching a technically important area after recovering to approximately $1,885 on July 20. The price has moved back above 0.382 Fibonacci resistance level while continuing to trade within the rising channel formed during its rebound from the late-June lows.

Bitcoin broke down from its two-week rising channel on July 13, falling 1.4% to $62,860 while US forces struck Iran over the weekend, and the rejection at the 50-day moving average arrived before the Strategy disclosure and CPI print the market was supposedly waiting for.

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