VIP MARKET UPDATE: $BTC
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$BTC is trading at 82,220.36, securing its fifth consecutive weekly close above the 50 week moving average near 77,000 despite last week’s correction and volatility, a signal that has historically marked the start of new bull runs.
Hold above the 50 week MA and the bull structure keeps pushing toward 87,000 to 90,000. Lose it and this drops back toward the long term trendline near 70,000.
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#binance
➖➖➖➖➖➖➖
$BTC is trading at 82,220.36, securing its fifth consecutive weekly close above the 50 week moving average near 77,000 despite last week’s correction and volatility, a signal that has historically marked the start of new bull runs.
Hold above the 50 week MA and the bull structure keeps pushing toward 87,000 to 90,000. Lose it and this drops back toward the long term trendline near 70,000.
➖➖➖➖➖➖➖
#binance