BTC has finally exceeded the daily 200MA.
Current upward pressure is also shown in various on-chain data. In addition to the continuing bullish trend, whales are also increasing,
I believe this momentum will continue for some time.
I think the immediate target point is $48,000. Depending on the momentum, there is a possibility that it will come out. It's been since May 16th when it comes to breaking out of $48,000.
On the other hand, short-term adjustments should be considered. It should be judged by a daily break below 5MA. In the case of a break below 5MA, it is possible that the price will plummet to around $42,000.
Altcoin is also in a strong situation. For coins that are breaking out of all MAs on a daily basis, the explosion may be near.
Current upward pressure is also shown in various on-chain data. In addition to the continuing bullish trend, whales are also increasing,
I believe this momentum will continue for some time.
I think the immediate target point is $48,000. Depending on the momentum, there is a possibility that it will come out. It's been since May 16th when it comes to breaking out of $48,000.
On the other hand, short-term adjustments should be considered. It should be judged by a daily break below 5MA. In the case of a break below 5MA, it is possible that the price will plummet to around $42,000.
Altcoin is also in a strong situation. For coins that are breaking out of all MAs on a daily basis, the explosion may be near.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.