Bitcoin: Bull Market Barely Started
Bitcoin at $77355.33 as Michaël van de Poppe states bull market has barely started amid EMA50 support at $71672.24.
SourceAnalysis
Bitcoin bull market has barely started, states @CryptoMichNL.
Price trades at $77355.33 inside Bollinger Bands. Upper resistance sits at $79650.96 while RSI(14) at 70.73 flashes overbought and MACD shows a death cross. The structure stays bullish above EMA50 support at $71672.24 and EMA200 at $66632.21, favoring continuation in the Bitcoin bull market cycle historical performance before any healthy retracement.
Michaël van de Poppe
@CryptoMichNLMacro-Economics, Value Based Investing & Trading || Crypto & Bitcoin Enthusiast
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