Bitcoin, renowned for its volatile price swings in both upward and downward directions, is currently experiencing the longest period without a significant bullish move, according to the Relative Strength Index data.
The question arises: How long has it been since BTCUSD last exhibited a fully bullish trend? And how does this current data compare to previous bear markets?
Revisiting the excitement of past Bitcoin bull markets, the cryptocurrency's price is currently testing the $30,000 mark, with bullish investors optimistic about its ability to hold. Should it succeed, achieving another higher high would strengthen the belief among observers that an uptrend is taking shape.
BTCUSD
BUY 30100 - 30400 💯💯
✅ TP1: 30800
✅ TP2: 31200
✅ TP3: 31600
🛑 SL: 29700
The question arises: How long has it been since BTCUSD last exhibited a fully bullish trend? And how does this current data compare to previous bear markets?
Revisiting the excitement of past Bitcoin bull markets, the cryptocurrency's price is currently testing the $30,000 mark, with bullish investors optimistic about its ability to hold. Should it succeed, achieving another higher high would strengthen the belief among observers that an uptrend is taking shape.
BTCUSD
BUY 30100 - 30400 💯💯 ✅ TP1: 30800
✅ TP2: 31200
✅ TP3: 31600
🛑 SL: 29700
