Bitcoin

Coin

<ul class="news-points"> 
 <li><strong>Crypto Rover noted in his latest analysis that BTC was in the process of breaking out a multi-day negative trend.</strong></li> 
 <li><strong>The analyst revealed that BTC breaking above $27.2K may be a confirmation of a bullish trend reversal.</strong></li> 
 <li><strong>At press time, BTC was trading at $27,077.08 after it gained 2.55% over the past 24 hours.</strong></li> 
</ul> 
<p>The cryptocurrency trader and analyst Crypto Rover revealed in his <a href="https://coinedition.com/what-is-bitcoin-everything-you-need-to-know/" rel="noopener noreferrer nofollow">latest analysis that Bitcoin (BTC)</a> is in the process of overcoming a significant negative trend line on its charts. According to the analyst, this is the first time the market leader has been able to break out of this bearish trend in the past 77 days.</p> 
<figure class="wp-block-embed is-type-video is-provider-youtube wp-block-embed-youtube wp-embed-aspect-16-9 wp-has-aspect-ratio"> 
 <div class="wp-block-embed__wrapper"> <iframe title="THIS LOOKS SUPER BULLISH FOR BITCOIN!" width="640" height="360" src="https://www.youtube.com/embed/OVWVlyNzu6k?feature=oembed" frameborder="0" allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share" allowfullscreen></iframe> 
 </div> 
</figure> 
<p>Subsequently, Crypto Rover speculated that BTC’s trend may shift from bearish to bullish in the coming few weeks. He did, however, share that he is waiting for BTC to record a higher high at, or above, $27.2K before confidently entering into a long for the cryptocurrency.&nbsp;</p> 
<p>Thereafter, the analyst shared that BTC breaking above $31K could be an extremely bullish signal. This may then lead to BTC recording a new all-time high (ATH), according to Crypto Rover.</p> 
<p>From a fundament…</p> 
<p>The post <a rel="noopener noreferrer nofollow" href="https://coinedition.com/btc-could-print-a-new-ath-soon-as-it-breaks-its-negative-trend/">BTC Could Print a New Ath Soon as It Breaks Its Negative Trend</a> appeared first on <a rel="noopener noreferrer nofollow" href="https://coinedition.com">Coin Edition</a>.</p>

BTC Could Print a New Ath Soon as It Breaks Its Negative Trend

Coin Edition

Other articles published on Sep 29, 2023

How Much Will Bitcoin (BTC) Be Worth Before the Halving? – Expert

Litecoin Price Prediction: Enters Recovery Mode; Next Target $80?

ALGO Could Activate Bullish Trend If It Flips $0.105 Resistance

NTES Stock Below $100; NetEase Stock Good For Long-Term Pick?

The ‘amazing’ photorealistic technology of Zuck astounds the crypto community proves that the met...

Otherside Vessel NFT: Project Engaging Legends of the Mara Game

Join our free newsletter for daily crypto updates!