Analysts from independent research and investment consultancy Fairlead Strategies stated that the $31,900 level must be broken for confirmation of a long-term Bitcoin (BTC) bull.
Wall Street company Fairlead Strategies In a recent report, of bitcoin start a long-term uptrend for 31,900 dollar level upwards He suggested that it should be broken.
According to analysts, Bitcoin Ichimoku Cloud on weekly chart zone of resistance $31,900 when it broke and MACD indicator on monthly chart is below zero passing over approval when you give price rises in the long run will pass:
We remain neutral on Bitcoin for the long term, but a break above the weekly cloud resistance and a “buy” signal for the monthly MACD will determine the bullish trend.
The report also Ichimoku Cloud on the weekly chart for 26 weeks forward projection of the future on the rise It was noted that passed.
On the other hand, it shows trend transformations and strength, which is another criterion that analysts refer to. MACD indicator in the market with the transition into positive territory the momentum changes And upside down point will be confirmed.
According to Coinecko data, the latest 30 days in 12.4% living on the rise bitcoin, end 24 hours in 0.3% by gaining value as of writing 30,534 It is traded at the dollar level.
