$BTC

The 5-day moving average has reached the zero axis, which is a very important signal. Since the beginning of 2023, the two major rallies have both been initiated after the 5-day MACD reached the zero axis, and this time it has also reached the zero axis.

Additionally, the head and shoulders bottom pattern at the weekly level, which started in April 2021 and has now reached this neck line, has broken through and completed a pullback. Such large-scale patterns indicate a large-scale rally.

All cryptocurrencies in the cloud chart have reached the bottom.

Therefore, remain firmly bullish.