Bitcoin shoots past $60K as Trump’s failed assassination brings the bulls back
Share link:In this post: Bitcoin shot past $60,000 after the failed assassination attempt on Donald Trump, showing strong signs of a bullish trend. Indicators like the SAR, Ichimoku Cloud, and MACD point to a bullish market, but the Stochastic RSI suggests Bitcoin might be overbought, so a short-term dip could happen. Trading volumes and open interest in Bitcoin derivatives are up, with most traders and social media buzzing positively about Bitcoin’s future.Disclaimer. The information provided is not tradi
Bitcoin bulls are back!
Riding high on the failed assassination on Donald Trump, the queen of cryptocurrencies has gone over $60,000 for the first time in weeks. In an earlier analysis, Cryptopolitan stated that breaching the $60k level would confirm a proper bullish reversal. And it has!
Bitcoin’s price crossing the 20-day EMA and approaching the 50-day EMA shows strong bullish sentiment. The SAR indicator, set at $60,514.50, is slightly above the current price.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
New York man to pay $36 million for forex and crypto fraud
Cryptocurrency Statement from Visa: “The Future Will Be Different”
Visa's cryptocurrency manager, Cuy Sheffield, spoke about the future of the industry in his statement. Here are the details.
Will Altcoin Season Begin? Analytics Company Gives Its Opinion
Is there a possibility of a rally on the altcoin side after the FED makes a big interest rate cut? The analysis company shared.
Michael Saylor’s Bitcoin Claim Dropped Like a Bomb: “According to Credible Rumors…”
MicroStrategy board chairman Michael Saylor touched on a Bitcoin claim in his statement.