According to Foresight News, CoinDesk analyst Omkar Godbole pointed out that a momentum indicator for predicting Bitcoin price trends, the MACD histogram, has turned bullish. Analysts predict that Bitcoin will rise to between $150,000 and $200,000. The positive shift in the MACD histogram is seen as a buy signal, indicating a resurgence of bullish momentum. The weekly MACD for BTC has crossed above the zero line, supporting this bullish forecast.
CoinDesk Analyst: BTC MACD Histogram Turns Bullish, Supporting the Prediction of Bitcoin Rising to $150,000 to $200,000
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