Bitcoin has formed a bullish pattern reminiscent of the 2023 rally, according to an analyst. The cryptocurrency recently closed a weekly candle above the EMA 50, a significant level that has historically supported major uptrends for over two years. This development, along with RSI support and a MACD reversal, mirrors setups that have led to significant breakouts since 2023. The analyst predicts that the market is resetting and may enter a new expansion phase, potentially driving Bitcoin to a new all-time high by early 2026.
Bitcoin Bullish Pattern Signals Potential Price Surge, Analyst Says
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