Viewpoint: Bitcoin Successfully Breaks Above Ascending Channel Resistance, Potentially Signaling Accelerated Growth
BlockBeats News, April 22, Licensed Market Technician (CMT) Aksel Kibar stated that Bitcoin has broken above the recent ascending channel's upper trendline, considering this a breakout from a bullish extreme, typically seen as a bullish signal that could potentially accelerate the price towards the 365-day moving average ($87,050).
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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