It was suggested that the retracement in Bitcoin (BTC) ended and the falling trend break started the rise.
Alex Kuptsikevich, Senior Analyst of the famous brokerage house FxPro, in an analysis published at the time, stated that Bitcoin’s approximate experience during the week From 10% appreciation later 50 days price average And April continuing since the middle think trend that you broke stated.
Alex Kuptsikevichtrend break bitcoin for $30,400 to the level your rise your door that you opened and made the following statements on the subject:
In terms of technical analysis, the sharp move on Tuesday and the price closing above the 50-day average and previous local tops is an important bullish signal. This move confirms that the downtrend that has been going on for the last two months has been broken.
Analyst, your new target for price April May between 29,400-30,400 stated dollar levels. However, Bitcoin rose rapidly and reached the price zone that the analyst was targeting.
Ascension also recently published Valkyrie analysis also supported by seen. Valkyrie for Bitcoin 37,100 thousand dollar level aim had determined.
According to Coinecko data, the latest 30 days in 10.3% value winning bitcoin, end 24 hours in 11.1% rise living by writing 29,700 traded at the dollar level.
