mattaroo on Nostr: The technicals on Bitcoin confirm this positive outlook. They are very strong at the ...
The technicals on Bitcoin confirm this positive outlook. They are very strong at the current moment.
BTC itself has bounced strongly off its upward-sloping 100-day moving average twice in the past three weeks. On this most recent bounce, it has also retaken its 20-day and 50-day moving averages, and is now trading above its 20-, 50-, 100-, and 200-day moving averages for the first time since early April when Bitcoin was above $70,000.
BTC itself has bounced strongly off its upward-sloping 100-day moving average twice in the past three weeks. On this most recent bounce, it has also retaken its 20-day and 50-day moving averages, and is now trading above its 20-, 50-, 100-, and 200-day moving averages for the first time since early April when Bitcoin was above $70,000.