Key Bitcoin bull signal flashes for first time in nearly 2 years, hinting at 2x price surge

Key Bitcoin bull signal flashes for first time in nearly 2 years, hinting at 2x price surge
фото показано с : cointelegraph.com

2024-8-16 16:25

The Bitcoin price could increase by over two-fold based on a key bull signal historically correlated with price rallies.

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Bitcoin Price Analysis: BTC Bulls Need to Break Key 50MA Resistance

After a steep decline in price action, Bitcoin finally finds some short-term relief from the bearish pressure that has seen price levels drop from $9,600 to $7,600 within a few days. Bitcoin 4-Hour Price Analysis On the 4 hour XBT/USD chart, we can see that price levels have rapidly declined resulting in Bitcoin dropping $2,000 within the space of a few days.

2019-10-1 19:53