Bitcoin Bull Market Confirmed If BTC Closes the Week Above This Key Level: Analysts

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Bitcoin demonstrated remarkable resilience over the past several days, bouncing from a three-week low at $75,000 back above $81,000. Analysts Crypto Rover and CryptoGoos identified $81,000 as the immediate breakout level, with the 50-week moving average around $81,700 serving as a potential confirmation signal for a bull market transition. The $82,000 area is also flagged as a major technical resistance by the 365-day moving average. Analyst EGRAG CRYPTO went further, stating that a five-day close above $90,000 would be necessary to confirm the return of BTC’s macro bullish structure.

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Telemac
Telemachttp://cryptoinfo.ch
Passionné de nouvelles technologies, j’explore l’univers de la blockchain et des cryptomonnaies pour partager l’actualité et les innovations du secteur.

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