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Market Cap:
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Bitcoin Bitcoin Share: 49.84%
Markets: 68427
CryptoGlobe
2024-04-24 01:00:00

Key Indicator Suggests Bitcoin Price Could Enter Renewed Bullish Phase as Analyst Eyes $120,000 Mark

Key Indicator Suggests Bitcoin Price Could Enter Renewed Bullish Phase as Analyst Eyes $120,000 Mark

The price of the flagship cryptocurrency Bitcoin surpassed its 200-day simple moving average (SMA) in October and entered bullish territory, before making a new all-time high above $73,500 last month. The 200-day SMA serves as a key indicator of long-term trends, and its current rapid rise signifies strong bullish momentum. Notably, the indicator is on

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