The Guppy indicator for Bitcoin (BTC), based on moving averages, gave a positive signal after a 12-month hiatus.
Provides institutional-grade crypto research services Delphi Digital a recent in your post, guppy technical indicator for Bitcoin after a long hiatus positive signal shared it. Guppy, known as the moving price average, First time in 12 months It has come to a position where it can be bought.
As can be seen in the chart, the short-term moving averages in blue rose above the long-term moving averages after a long time. Pointing out that the aforementioned red lines previously worked as resistance for Bitcoin, analysts said, it may be that the price has finally returned to the bullish direction suggested.
On the other hand, some users at the beginning of April Reminding that it also gave an upward signal, but then there was a big downward wave. reacted to the post. When the short-term moving averages break above the long-term moving averages, it is considered a bullish signal. Conversely, when the shorter-term moving averages cross below the longer-term moving averages, it is considered a bearish signal.
CoinGecko according to data in the last 7 days 13% rise performing BTC, at the time of writing the news at $24,639 is being traded.
