Bitcoin is about to get a major bullish signal it hasn’t had in over a year

Bitcoin is about to get a major bullish signal it hasn’t had in over a year

Özet: Kripto piyasasında önemli gelişmeler yaşanıyor.

Bitcoin BTC$86,226.60 is down today, but its wider trend is telling a different story.

The simple moving averages of its price over the past 50-, 100- and 200-days are one “crossover” away from a full bullish alignment, where the cryptocurrency’s short-, medium-, and long-term trends al point higher at once.

That alignment is represented by the 50-day average sitting above the 100-day, and the 100-day sitting above the 200-day.

As of this writing, the 50-day average, at $79,495, is well above the other two.

Meanwhile, the 100-day, currently at $79,493, his rising and on the verge of topping the 200-day at $79,539.

When that happens, all three will be stacked in an order that showcases bullish momentum across all three time frames.

Traders use moving averages to read the direction of a trend.

When short-term moving averages sit above the long-term ones, it signals that recent prices are stronger than older ones, a sign of upward momentum.

Analiz: Piyasa hareketliliği devam ediyor.