Bitcoin has successfully reset several important technical indicators, such as the moving average convergence/divergence (MACD), which is a tool used to measure shifts in the power and trajectory of an asset. This development suggests the possibility of further upward movement, as noted by crypto analyst Jelle, who shared this insight in a post on May 13th.
Is there a chance for Bitcoin to surge soon? BTC's price chart suggests a breakout in a few days, with a low of $56K.
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