Bitcoin Market Outlook: Bull Signal Emerges
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Bitcoin hinted at a long-term bullish trend change as BTC neared an MACD cross that last resulted in $25,000 gains over two months.
Bitcoin (BTC) faces a fresh showdown this week as macro tensions contrast with a bullish BTC price trend reversal.
A classic BTC price metric is above to flip bullish for the first time in nearly a year — last time, price gained $25,000 in two months.
Short time frames see liquidations as “aggressive” traders pile in at $70,000.
Iran war tensions are at breaking point as US President Donald Trump’s “Bridge Day” deadline nears.
US inflation data will come thick and fast as the war begins to reflect in the numbers.
The Bitcoin bear flag stays in play, with analysis warning that new lows are “likely just a matter of time.”
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