DeFi Nexus

When Will Bitcoin go up?

When Will Bitcoin go up?

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Comrades! The well-known rocket Capital analyst, who correctly predicted the crash before howling bitcoin in 2024, believes BTC still needs to reclaim a key level to get final approval for the uptrend.


What is the condition for confirming the ascent? Bitcoin must withdraw the 21-week exponential moving average as support to determine the ascent signal. According to racket, bitcoin has fallen from this level this week and is still fluctuating between the two key moving averages of the bullish market, just as it did in mid-2021.


Final climb confirmation occurs when bitcoin closes a weekly Kindle above the green exponential moving average and then tests that level as support.


Guys, be careful with your risks and investments and don't get involved in Fumo! Also, this is not my analysis, and the risk of profit or loss is your own. Be sure to follow the Capital Management, which is more important than the bread of the night!

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DeFi Nexus
DeFi Nexus

I’m passionate about the world of cryptocurrencies and decentralized finance. I enjoy sharing updates and insights to make these exciting topics easy to understand and fun to explore.

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