Bitcoin gets a green light from a reliable momentum gauge. Here are key levels to watch
A smoother long-term MACD just flipped bullish, pointing to more upside. Here are key levels that will decide if the ongoing bounce turns into a full blown uptrend.
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Summary
- A longer-term version of the MACD histogram has turned positive for bitcoin, signaling that the recent rally above $64,000 may have further room to run.
- The indicator’s bullish turn shifts focus to key resistance levels between $65,000 and $80,000.
