📢 Technical indicators for bitcoin point to a rise above $100K. 📊
Bitcoin's current price increase seems to be a part of the traditional bullish reversal pattern's breakout stage of its dominant falling wedge.
A negative indicator known as a "death cross," which appears when an asset's 50-period moving average falls below its 200-period moving average, has also not been formed by Bitcoin.
Bitcoin may regain $100,000 by May, according to the combination of these bullish indications, with the falling wedge objective at about $102,700. #BTC