BTC Weekly Target: $4,600?--Bulls Have the Momentum
BTC has double bottomed off the 200 Week MA, which should give the bulls the momentum needed to re-test the recent highs of $4250. Also--interestingly--the Stochastic RSI is testing bullish levels not seen since (approximately) the all-time high of $20,000.
If BTC can close a weekly candle above the 12-Week EMA, then the next technical target (after recent highs) is the 26 Week EMA at $4600.
If BTC can close a weekly candle above the 12-Week EMA, then the next technical target (after recent highs) is the 26 Week EMA at $4600.
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