bullish start to 2023
BTCUSD is up over 25% since the start of the year.
Key notes:
- Bitcoin is attempting to break its previous high of $21,500
- Price is above both the 20W SMA and 21W EMA
- A test of the Bull Market Support Band is necessary before any presumptions of the bear market bottom can be made
For now, it feels good to be back in the green.. but for how long will this last?
Key notes:
- Bitcoin is attempting to break its previous high of $21,500
- Price is above both the 20W SMA and 21W EMA
- A test of the Bull Market Support Band is necessary before any presumptions of the bear market bottom can be made
For now, it feels good to be back in the green.. but for how long will this last?
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