TON has risen strongly! Is this a signal that Bitcoin price will rebound?

TON's price has risen again! The step-by-step rise is simply going to the sky! Could it be that this is a signal that Bitcoin price is about to rebound? Let's take a look at the magic of TON, the "new darling" of the cryptocurrency world, and whether it can lead Bitcoin to a new glory!

TON's strong rise indicates that Bitcoin will also usher in spring?

TON, a new star of the first-layer network supported by Telegram, has performed outstandingly this year and has been leading many crypto assets! Its total locked value of the blockchain has reached nearly $600 million, and the market value of stablecoins has exceeded the $619 million mark!

TON's strategic partners are blooming everywhere, especially the cooperation with Tether USDT, and the booming gamifi project led by Hamster Combat and Notcoin (NOT), which have added strong momentum to TON's rise!

Recently, TON's listing on the Binance exchange has added wings to the tiger, pushing its price all the way up! Since Monday, TON’s price has risen by more than 8%, and it was trading at about $6.66 in early European trading on Thursday!

However, TON still needs to convert its 50-day moving average (MA) into support to maintain future upward momentum. If Bitcoin can have a fractal breakout similar to TON, its price could quickly rebound to $64,000!

From a technical perspective, Bitcoin is on the verge of a major breakthrough, which will determine its trend in the next few months. Is Bitcoin’s spring really coming? #TON