🤑 Bitcoin: After weeks of negative momentum (red line), positive momentum has started to emerge (green circles) alongside a strong price increase.
✨ The momentum indicator (blue line) has broken through the downward trend, indicating a clear shift in market dynamics.
✨ The 30-day moving average (SMA) is showing positive curvature, which is the first sign of reversal since early June.
✨ The price is consolidating above 115K, and the momentum environment supports further upward movement.
📈 Positive on-chain momentum supports the continuation of the current upward wave for Bitcoin. No signs of slowdown so far.#AltcoinBreakout #BTC