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2025-06-03
11:35
Bitcoin Price Analysis: Weekly MACD Bullish Cross and Record Highs Signal Strong Upside Potential

According to Cas Abbé (@cas_abbe), Bitcoin ($BTC) has demonstrated significant bullish signals, including a weekly MACD bullish cross and the highest weekly close ever recorded, as well as a monthly close above December 2024 levels (source: Twitter, June 3, 2025). These concrete technical indicators suggest strong upward momentum, increasing the probability of new all-time highs in the near term. Traders may interpret these developments as a positive signal for entering long positions or increasing exposure, with the technical setup supporting further price appreciation in the crypto market.

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