Bitcoin

<ul><li>Bitcoin shows robust bullish momentum, with trading between $61,300 and $71,200, suggesting sustained interest if prices remain above the lower bound.</li><li>The absence of reversal wicks from 2021 trends indicates continued buying interest, contrasting previous patterns that suggested potential price declines.</li><li>The occurrence of a &#39;Golden Cross&#39; in the market signals a bullish sentiment, historically followed by extended periods of rising prices.</li></ul>Bitcoin has been showing a bullish pattern on the monthly time frame, as noted by a cryptocurrency analyst known as Titan of Crypto on an<a href="https://twitter.com/Washigorira/status/1783511431301709960" rel="noopener noreferrer nofollow"> X post</a>. As of now, the cryptocurrency is trading within a new bracket ranging from $61,300 to $71,200. This upward movement is expected to continue unless a monthly candlestick closes below this range, marking a significant bullish indicator for the market.Titan of Crypto pointed out that there are no reversal wicks present, which were common in 2021 and indicated potential trend reversals. This absence suggests sustained buying interest. Instead, Bitcoin has revisited the highest closing price of its previous cycle, which is a critical area to watch.<a href="https://cryptotale.org/crypto-analyst-highlights-key-levels-in-bitcoins-market-surge/" rel="noopener noreferrer nofollow">Read more on Cryptotale.</a>Visit the links for more information <a href="https://cryptotale.org/" rel="noopener noreferrer nofollow">Website</a> | <a href="https://twitter.com/cryptotalemedia" rel="noopener noreferrer nofollow">Twitter </a>| <a href="https://t.me/cryptotale_news" rel="noopener noreferrer nofollow">Telegram </a>| <a href="https://www.instagram.com/cryptotalenews/" rel="noopener noreferrer nofollow">Instagram </a>|

Crypto Analyst Highlights Key Levels in Bitcoin's Market Surge

CryptoTale

Other articles published on Apr 26, 2024

Shiba Inu and DogWifHat Challenger Cyborg Shiba (CYSHIB) to Surge 4,700% Following Solana Launch

Mainland China investors won’t be able to buy Hong Kong Bitcoin ETFs

New EU MiCA crypto regulations: What’s changed and why?

Bitcoin Price Prediction: As “Buy Bitcoin” Sign Behind Janet Yellen Sells For $1M, Investors Floc...

Top 19 Altcoins to Stack Now For 15x Return in Next 97 Days

Ripple dumps the remaining 100 million XRP of April’s sell-off

Join our free newsletter for daily crypto updates!