๐ฅ Advanced Update on Bitcoin BTC ๐ฅ
Technical data and the overall market structure indicate that Bitcoin is approaching a new bullish phase, with increasing signals supporting the continuation of the positive trend in the coming period ๐๐
๐ Technical points supporting the upward scenario:
The price is stabilizing above a strong accumulation area, enhancing the likelihood of a breakout from a solid support level.
The movement of moving averages is trending towards forming a clear bullish structure.
Momentum indicators are showing increasing strength without entering a state of saturation, giving room for additional upward movement.
A decrease in volatility on the medium-term timeframe typically indicates a nearby price explosion.
$BTC

BTC
67,518.28
-0.41%
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