👀 Heading to 125K? Analyzing BTC's Momentum 📈
Pay attention to Bitcoin's movements!
Looking at the chart, we see a significant price increase, currently at $116,522.2, with a growth of +4.97%.
It's interesting to note how the price is positioned above the key moving averages:
MA(7): 111,153.9
MA(25): 107,413.7
MA(99): 100,355.0
Additionally, the MA(5) at 125,459.2255 and the MA(10) at 118,770.6784 suggest a possible bullish trend in the short term.
What do you think of this possible scenario? Do you see BTC reaching 125K?
Share your analysis and ideas in the comments! 👇
