Viewpoint: Bitcoin Successfully Breaks Above Ascending Channel Resistance, Potentially Signaling Accelerated Growth
BlockBeats News, April 22, Licensed Market Technician (CMT) Aksel Kibar stated that Bitcoin has broken above the recent ascending channel's upper trendline, considering this a breakout from a bullish extreme, typically seen as a bullish signal that could potentially accelerate the price towards the 365-day moving average ($87,050).
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Interest rate hike concerns and rising fuel costs push Australia's consumer confidence index close to extreme pessimism
Due to rising fuel costs and concerns that the Reserve Bank of Australia may raise interest rates again, Australian consumer confidence dropped sharply in September, approaching extremely pessimistic levels once more.

Gu Jingci: September 8 Bitcoin/Ethereum Early Trading Strategy with Market Analysis
South Korea's KOSPI index rises 2% intraday, SK Hynix up 3.81%
