Bitcoin bullish cross on weekly chart paints $225K BTC price target if history repeats

in hive-160342 •  3 years ago 

pic94647d612143fa185c32e4a3fc010d83.jpg

Aug 23, 2021

Bitcoin (BTC) is wowing the market by holding $50,000, but a bullish metric is pointing to much larger potential gains.
Data from TradingView now clearly shows that the weekly moving average convergence/divergence (MACD) indicator for BTC/USD has flipped from red to green.

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