Expectations for Rise in Bitcoin Increase

Glassnode founders suggested that Bitcoin is ready for a significant increase. Expert analysts mentioned that there might be a potential rise in Bitcoin in their statements. Rise Prediction of BTC Glassnode founders Jan Happel and Yann Allemann stated through social media that Bitcoin is trending upwards after the current market correction. However, they also emphasized the possibility of the correction process continuing in the short term. Critical Formation in BTC Using the Elliot Wave Theory in their analysis, analysts foresee that Bitcoin is within an ascending triangle formation, and prices could move upwards after the completion of this formation. Furthermore, they point out that three important daily moving averages (DMA) are giving positive signals and indicate the potential for an upward trend for Bitcoin. Useful Information for the Reader That BTC is within an ascending triangle formation and this situation can increase the potential for a rise, That the daily […]

Expectations for Rise in Bitcoin Increase

Glassnode founders suggested that Bitcoin is ready for a significant increase. Expert analysts mentioned that there might be a potential rise in Bitcoin in their statements.

Rise Prediction of BTC

Glassnode founders Jan Happel and Yann Allemann stated through social media that Bitcoin is trending upwards after the current market correction. However, they also emphasized the possibility of the correction process continuing in the short term.

Critical Formation in BTC

Using the Elliot Wave Theory in their analysis, analysts foresee that Bitcoin is within an ascending triangle formation, and prices could move upwards after the completion of this formation. Furthermore, they point out that three important daily moving averages (DMA) are giving positive signals and indicate the potential for an upward trend for Bitcoin.

Useful Information for the Reader

That BTC is within an ascending triangle formation and this situation can increase the potential for a rise,
That the daily moving averages (50, 100, and 200 DMA) on the charts are indicating a positive change and could provide support for an upward trend,
That the market is moving within the range of support at $59,313 and resistance at $73,794, and that these parameters are important,
Knowing that Bitcoin has the potential for gradual recovery and growth can be important in terms of investment decisions.

These predictions by analysts are among the points that investors need to consider in determining their strategies for the Bitcoin market.

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how to buy crypto?
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