Could Bitcoin Continue to Surge? 🤔

Bitcoin is showing a rare #bullish pattern with a potential crossover between two key moving averages, not seen in eight years.

This last occurred before Bitcoin surged to $20,000 in 2017. The current excitement surrounding the first US Bitcoin #ETF is boosting the market, but some remain skeptical, predicting a price drop after the ETF decision.

Despite differing opinions, indicators suggest further upside potential for Bitcoin, while a notable trader predicts a temporary peak before a possible #retracement to around $30,000.

#Binance

#crypto2024