#Bitcoin has closed back above its 21-month EMA after losing it in January a meaningful improvement in the higher-timeframe picture.
For me, this strengthens the case for a push toward $100,000 into year-end. Reclaiming the EMA is an encouraging first step; holding it as support and seeing continued upside follow-through would give this move more credibility.
As long as that reclaim holds, my bias remains bullish. A monthly close back below the EMA would weaken the thesis. #BTC Price Analysis# #Altcoin Season# $USDT $ETH $BTC
For me, this strengthens the case for a push toward $100,000 into year-end. Reclaiming the EMA is an encouraging first step; holding it as support and seeing continued upside follow-through would give this move more credibility.
As long as that reclaim holds, my bias remains bullish. A monthly close back below the EMA would weaken the thesis. #BTC Price Analysis# #Altcoin Season# $USDT $ETH $BTC
