Text: The market is moving again, and Bitcoin is showing positive signals, but is this just a bullish trap or the beginning of a new wave?
Here are 3 indicators that may determine the market direction:
1. The Relative Strength Index (RSI) on the daily timeframe has returned above the 50 level, indicating bullish momentum.
2. Trading volume rises in parallel with price — this is real support and not just speculation.
3. Whale movements: Over 15,000 BTC have been transferred from exchanges to cold wallets just this week.
What do you think? Is it time to enter or should we wait for more confirmations?
Share your predictions in the comments!
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