Will Bitcoin Break Its ATH This Month?
Let me explain
The cryptocurrency market is going through an exciting period, marked by increasing media attention and amplifying discussions around Bitcoin. With optimistic predictions coming from industry experts, the question is: will Bitcoin manage to break its previous all-time high (ATH) in the coming months?
Recent Chart Analysis
Technical Analysis (TA)
Bitcoin charts are currently showing bullish trends, with encouraging signals on the Bollinger Bands. Moving averages, including the MA50 and MA200, are indicating notable buying pressure and positive crossovers. Key resistance levels are around $70,000, while support levels are established around $40,000. Volume analysis also indicates increasing investor interest, suggesting a potential upward move.
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BTC
106,543.71
+1.84%