Bull Market

<ul class="news-points"> 
 <li>Bitcoin trader known as “Titan of Crypto” has stated that the bull market is not over.</li> 
 <li>The trader used data from the BTC/USD daily chart to show there is still momentum in the Bitcoin uptrend.</li> 
 <li>Bitcoin broke below significant support early this week, dropping below the critical $60,000 level.</li> 
</ul> 
A famous Bitcoin trader identified as Titan of Crypto on X has stated that the bull market is not over. In a recent post, the renowned trader used data from the BTC/USD daily chart to show there is still some momentum in the Bitcoin uptrend amid several calls for the beginning of a bear market from some crypto users. 
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter">
 <div class="wp-block-embed__wrapper"> 
 <blockquote class="twitter-tweet" data-width="550" data-dnt="true">
 <a href="https://twitter.com/hashtag/Bitcoin?src=hash&amp;ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">#Bitcoin</a> Bull Market is NOT OVER. <img src="https://s.w.org/images/core/emoji/15.0.3/72x72/2649.png" alt="♉" class="wp-smiley" style="height: 1em; max-height: 1em;"><img src="https://s.w.org/images/core/emoji/15.0.3/72x72/1f402.png" alt="🐂" class="wp-smiley" style="height: 1em; max-height: 1em;"> Pi Cycle Top is far from signaling a cycle top. Many are already calling for the beginning of a bear market… At least wait for the MA111 <img src="https://s.w.org/images/core/emoji/15.0.3/72x72/1f534.png" alt="🔴" class="wp-smiley" style="height: 1em; max-height: 1em;"> to crossover the MA305*2 <img src="https://s.w.org/images/core/emoji/15.0.3/72x72/1f535.png" alt="🔵" class="wp-smiley" style="height: 1em; max-height: 1em;"> <img src="https://s.w.org/images/core/emoji/15.0.3/72x72/1f91d.png" alt="🤝" class="wp-smiley" style="height: 1em; max-height: 1em;">. <a href="https://t.co/GMaGgzlMdx" target="_blank" rel="nofollow">pic.twitter.com/GMaGgzlMdx</a>— Titan of Crypto (@Washigorira) <a href="https://twitter.com/Washigorira/status/1785700851257868529?ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">May 1, 2024</a>
 </blockquote>
 <script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script> 
 </div>
</figure> 
Titan of Crypto’s post comprised a screenshot of the BTC/USD daily chart with a pair of moving average indicators superimposed on the chart. He identified the indicators as MA111 and MA350*2.&nbsp; 
In his analysis, the trader spotted a couple of significant areas on the chart where BTC …
The post <a href="https://coinedition.com/bitcoin-trader-insists-the-bull-market-is-not-over-despite-recent-pullbacks/">Bitcoin Trader Insists The Bull Market is Not Over Despite Recent Pullbacks</a> appeared first on <a href="https://coinedition.com">Coin Edition</a>.

Bitcoin Trader Insists The Bull Market is Not Over Despite Recent Pullbacks

Coin Edition

2024년 5월 2일에 게재된 다른 기사

How Will Crypto Markets React to Recent Trends?

Top 4 Trading Bots for Solana on Telegram

Patrick Gruhn Buys Titanic’s Priciest Relic

Best Meme Coins To Invest In Today Thursday, May 2 – Mochi on Base, Toshi, SquidGrow, 5th Scape

Solana Surges 10%: Hopeful Trend or a Short-lived Rally?

Riot Platforms Reports Stellar Q1 Results Amid Declining Stock Price

무료 뉴스레터에 가입하여 매일 최신 암호화폐 소식을 받아보세요!