Bitcoin flashes 3 macro-bottom signals – But can BTC reach $70K?
Bitcoin’s macro bottom thesis strengthens, but liquidity still tells a different story.
Quick take
Read original at AMBCrypto Bitcoin has flashed three technical signals that have historically coincided with macro cycle bottoms, according to analyst Ali Martinez, sparking bullish sentiment and a potential move to $70,000. The signals include a monthly RSI of 43.65, a Chande Momentum Oscillator of -71, and trading near its 50-month moving average. Bitcoin's breakout above $66,000 has sparked optimism.
Summarised by netranta from AMBCrypto. Open the original for the full story.
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