Bitcoin is showing strong signs of consolidation above US$20,000 as the week progresses. Another half a percent was added this morning, bringing bitcoin slightly higher to US$20,600.
Ethereum likewise added half a percent, and is changing hands for US$1,590 at the time of writing.
With both coins settling into high price points, there is evidence that the bulls are attempting to refresh support at higher levels.
Dogecoin (DOGE) hasn’t finished its Musk rally yet, having soared another 26% in the past day.