BitcoinLong
$BTC/USD How high will it go?
BTC has finally exceeded the daily 200MA.
Current upward pressure is also shown in various on-chain data. In addition to the continuing bullish trend, whales are also increasing,
I believe this momentum will continue for some time.
I think the immediate target point is $48,000. Depending on the momentum, there is a possibility that it will come out. It's been since May 16th when it comes to breaking out of $48,000.
On the other hand, short-term adjustments should be considered. It should be judged by a daily break below 5MA. In the case of a break below 5MA, it is possible that the price will plummet to around $42,000.
Altcoin is also in a strong situation. For coins that are breaking out of all MAs on a daily basis, the explosion may be near.
Current upward pressure is also shown in various on-chain data. In addition to the continuing bullish trend, whales are also increasing,
I believe this momentum will continue for some time.
I think the immediate target point is $48,000. Depending on the momentum, there is a possibility that it will come out. It's been since May 16th when it comes to breaking out of $48,000.
On the other hand, short-term adjustments should be considered. It should be judged by a daily break below 5MA. In the case of a break below 5MA, it is possible that the price will plummet to around $42,000.
Altcoin is also in a strong situation. For coins that are breaking out of all MAs on a daily basis, the explosion may be near.
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