1/22/2024 0 Comments Bittorrent coin predictionLooking at volatility, The Bollinger bands are not far apart, showing low volatility levels on the Bitcoin price. This shows bull dominance as they look to break past the $37.8K resistance. The 5-day moving average has now exceeded the 15-day moving average to form a golden cross. Both these point towards a looming price leap in the short term. ![]() Looking at 1-hour BTC/USD charts, the MACD indicator is now in the green zone as the Relative Strength Indicator moves upwards, with bulls now looking to reclaim the overbought region. One reason why I believe we're facing the biggest bull run ever. This indicator shows a buy signal on the M-Chart of $BTC, which has only happened once before and that was 8 YEARS ago.Īt the same time $BTC also breaks above the SMA 20 line. Concurrently, Bitcoin has surged above the SMA 20 line, reinforcing expectations of an unprecedented pump in the Bitcoin price and what the analyst calls ”the biggest bull run ever.” The presence of institutional players further strengthens this bullish outlook. Prominent analyst highlights a rare buy signal seen on the M-Chart for BTC, a phenomenon last seen eight years ago. ![]() The Bitcoin price has soared by 39% in the past month as the crypto king traded at $37,192 as of 10:50 a.m. ![]() Join Our Telegram channel to stay up to date on breaking news coverage
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