๐ AVAX/BTC gains momentum and accumulates 29.59% over the week
Everyone is looking at AVAX in dollars.
But thereโs another chart drawing attention.
AVAX/BTC is up 29.59% in a week.
In the month, the increase reaches 41.22%.
The pair is at 0.00013194 BTC, with a 3.51% advance over the last 24 hours.
And thereโs more.
Technical indicators show a strong bullish bias, with moving averages also pointing in that direction.
In practice, AVAX isnโt just tracking the market.
Itโs gaining ground against Bitcoin.
But thereโs a catch.
In year-to-date terms, AVAX/BTC is still down โ5.64%.
And when looking at the full history, the distance to previous highs remains enormous.
So: the recent push is strong, but it still needs confirmation.
Now the key question is whether the inflow continues or whether the move loses strength after the rally.
๐ Technical Analysis
โน๏ธ ๐ง๐ต๐ถ๐ ๐ถ๐ ๐ฐ๐ผ๐ป๐๐ถ๐ป๐๐ฒ๐ฑ ๐๐ผ ๐๐ฝ๐ฑ๐ฎ๐๐ฒ ๐ฎ๐ป ๐ฒ๐ ๐ฐ๐น๐๐๐ถ๐๐ฒ๐น๐ ๐ถ๐ป๐ณ๐ผ๐ฟ๐บ๐ฎ๐๐ถ๐๐ฒ ๐ฎ๐ป๐ฑ ๐ฒ๐ฑ๐๐ฐ๐ฎ๐๐ถ๐ผ๐ป๐ฎ๐น. ๐ช๐ถ๐๐ต๐ผ๐๐ ๐ฐ๐ผ๐ป๐๐๐ถ๐๐๐ถ๐ป๐ด ๐ฎ ๐ฟ๐ฒ๐ฐ๐ผ๐บ๐บ๐ฒ๐ป๐ฑ๐ฎ๐๐ถ๐ผ๐ป ๐ผ๐ณ ๐ฎ ๐ฝ๐๐ฟ๐ฐ๐ต๐ฎ๐๐ฒ, ๐๐ผ ๐น๐ฑ ๐ผ๐ฟ ๐ถ๐ป๐๐ฒ๐๐๐บ๐ฒ๐ป๐.
Everyone is looking at AVAX in dollars.
But thereโs another chart drawing attention.
AVAX/BTC is up 29.59% in a week.
In the month, the increase reaches 41.22%.
The pair is at 0.00013194 BTC, with a 3.51% advance over the last 24 hours.
And thereโs more.
Technical indicators show a strong bullish bias, with moving averages also pointing in that direction.
In practice, AVAX isnโt just tracking the market.
Itโs gaining ground against Bitcoin.
But thereโs a catch.
In year-to-date terms, AVAX/BTC is still down โ5.64%.
And when looking at the full history, the distance to previous highs remains enormous.
So: the recent push is strong, but it still needs confirmation.
Now the key question is whether the inflow continues or whether the move loses strength after the rally.
๐ Technical Analysis
โน๏ธ ๐ง๐ต๐ถ๐ ๐ถ๐ ๐ฐ๐ผ๐ป๐๐ถ๐ป๐๐ฒ๐ฑ ๐๐ผ ๐๐ฝ๐ฑ๐ฎ๐๐ฒ ๐ฎ๐ป ๐ฒ๐ ๐ฐ๐น๐๐๐ถ๐๐ฒ๐น๐ ๐ถ๐ป๐ณ๐ผ๐ฟ๐บ๐ฎ๐๐ถ๐๐ฒ ๐ฎ๐ป๐ฑ ๐ฒ๐ฑ๐๐ฐ๐ฎ๐๐ถ๐ผ๐ป๐ฎ๐น. ๐ช๐ถ๐๐ต๐ผ๐๐ ๐ฐ๐ผ๐ป๐๐๐ถ๐๐๐ถ๐ป๐ด ๐ฎ ๐ฟ๐ฒ๐ฐ๐ผ๐บ๐บ๐ฒ๐ป๐ฑ๐ฎ๐๐ถ๐ผ๐ป ๐ผ๐ณ ๐ฎ ๐ฝ๐๐ฟ๐ฐ๐ต๐ฎ๐๐ฒ, ๐๐ผ ๐น๐ฑ ๐ผ๐ฟ ๐ถ๐ป๐๐ฒ๐๐๐บ๐ฒ๐ป๐.