Express

Seven Reasons Why Bitcoin Could Explode Past $10,000

Claudia Rivera

Summary: Bitcoin has been in the $9k range for the past few days, leading analyst gave seven reasons why BTC would break higher than $10k, according to newsbtc.  These reasons are: Bitcoin killed the downtrend and took the monthly price support of a 21-month exponential moving average; Bitcoin's Relative Strength Index (RSI) moved above 55 range; ...

Bitcoin has been in the $9k range for the past few days, leading analyst gave seven reasons why BTC would break higher than $10k, according to newsbtc. 

These reasons are: Bitcoin killed the downtrend and took the monthly price support of a 21-month exponential moving average; Bitcoin's Relative Strength Index (RSI) moved above 55 range; the cryptocurrency moved above the 200 day moving average; there was a bullish cross; Super Guppy indicator started a green trend; Ichimoku Cloud crossed green; the halving is taking place soon.

By Claudia Rivera

Last Update:

Tags: ,
Link: Seven Reasons Why Bitcoin Could Explode Past $10,000   [Copy]
Next:

Related Articles

  • ​The Crypto Treasury Boom Meets Regulatory Chill: Is the DAT Frenzy Fading? 24 hours ago
  • Nasdaq Takes Aim at 'Crypto-Flipping' Companies with Stricter Rules 5 days ago
  • BTC Weekly Outlook: The Oversold Bounce—A Bottom or a Shorting Opportunity? 8 days ago
  • The Making of a Political Darling: Is Chainlink’s Government Deal a Victory for Tech or... 12 days ago
  • Google Steps Into Blockchain: A New Front in the “Ledger Wars” 14 days ago

    • You need to login to comment.