$BTC The key bull-market support level is now clear!
Bitcoin is once again nearing $84,000!
ETH is also about to test $2,500.
The 50-week moving average is currently around $76,100.
As long as this trendline holds, the bulls still have a chance to push higher!
The latest market action shows BTC pushing toward the $84,000 mark, while ETH is once again approaching $2,500, with momentum picking up across major crypto assets. More notably, Bitcoin is still trading above its 50-week moving average, currently around $76,100. This long-term trend indicator is often used to gauge the market’s medium-term strength. Holding above it suggests the bulls have not yet lost a key source of trend support.
Next, watch to see whether BTC can break above $84,000 and go on to test the $85,000–$87,000 resistance zone. If spot buying continues and ETH manages to reclaim $2,500, market risk appetite could improve further. However, the 50-week moving average is not an absolute dividing line between bull and bear markets. Holding above it only indicates that the medium-term structure still has support; a sustained trend continuation will need confirmation from trading volume, capital inflows, and a breakout to higher prices.
$76,100 remains a key line of defense for BTC’s medium-term trend.
If the bulls continue to hold above the moving average and break through $84K, the next rally could pick up speed again!
Tap the card below and get straight into it! 👇
$ETH $ZEC
Bitcoin is once again nearing $84,000!
ETH is also about to test $2,500.
The 50-week moving average is currently around $76,100.
As long as this trendline holds, the bulls still have a chance to push higher!
The latest market action shows BTC pushing toward the $84,000 mark, while ETH is once again approaching $2,500, with momentum picking up across major crypto assets. More notably, Bitcoin is still trading above its 50-week moving average, currently around $76,100. This long-term trend indicator is often used to gauge the market’s medium-term strength. Holding above it suggests the bulls have not yet lost a key source of trend support.
Next, watch to see whether BTC can break above $84,000 and go on to test the $85,000–$87,000 resistance zone. If spot buying continues and ETH manages to reclaim $2,500, market risk appetite could improve further. However, the 50-week moving average is not an absolute dividing line between bull and bear markets. Holding above it only indicates that the medium-term structure still has support; a sustained trend continuation will need confirmation from trading volume, capital inflows, and a breakout to higher prices.
$76,100 remains a key line of defense for BTC’s medium-term trend.
If the bulls continue to hold above the moving average and break through $84K, the next rally could pick up speed again!
Tap the card below and get straight into it! 👇
$ETH $ZEC