$BTC
BTC just broke the $101K barrier! Is this the start of a new bull run. Volatility is back! Buckle up, folks.Is this the final dip before the moon.
Bitcoin has been consolidating around the $101K level for a while now. This recent break above the 24-hour high is a bullish sign. If the momentum continues, we could see a retest of the all-time high. However, the market is still volatile, so traders should exercise caution.
The recent price action in Bitcoin has been characterized by high volatility and sideways movement. The MACD indicator is currently in a bearish crossover, suggesting that the short-term trend may be weakening. However, the long-term trend remains bullish, as evidenced by the rising 50-day and 200-day moving averages. Traders should keep an eye on the $100K level, as a break below this level could signal a further decline in price.. . . . . ?