đThe market capitalization of Bitcoin is approaching $2 trillion, and technical indications are pointing in the right direction:
đThe ADX has jumped to 27.3, indicating a strong trend, and the +DI of 27.8 shows that purchasing pressure has been maintained, confirming the strong uptrend (DMI).
đThe relative strength index (RSI) is bullish, having been positive since January 1, and it has modest growth potential, now standing at 60.47.
đThe possibility of a golden cross between short-term exponential moving averages (EMAs) might cause Bitcoin (BTC) to reach resistance around $99,970, with goals of $103,090 and $110,000 in the future.