Renowned cryptocurrency analyst Sherpa has shared a bullish outlook on Bitcoin (BTC), suggesting that a significant price movement is imminent. Sherpa, who has over 224,000 followers on X, highlighted the “extremely tight” price compression on Bitcoin’s daily chart, citing the convergence of the 25-period, 55-period, 100-period, and 200-period exponential moving averages (EMAs). According to Sherpa, …
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