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CryptoGlobe

2023-01-19 00:20:00

Key Technical Indicator Signals Bitcoin ($BTC) Price in Uptrend for First Time Since December 2021

Key Technical Indicator Signals Bitcoin ($BTC) Price in Uptrend for First Time Since December 2021

Bitcoin ($BTC) has just seen a key technical indicator signal that the flagship cryptocurrency’s price has entered an uptrend for the first time since December 2021, when BTC dropped from around $50,000 to $43,000. As first noted by popular cryptocurrency analyst Lark Davis, the flagship cryptocurrency is now trading above its 200-day moving average (MA)

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