List of Flash News about BTC Weekly chart
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2025-04-14 12:55 |
Bitcoin Price Analysis: BTC Reclaims 50-Week MA, Trend Precognition Signal Suggests Upward Momentum
According to Material Indicators, Bitcoin has reclaimed the 50-Week Moving Average and R/S flipped the Quarterly Open, triggering a Trend Precognition signal. This suggests that BTC is unlikely to retest previous lows this week. However, Bitcoin bulls face significant technical and liquidity-based resistance, impacting short-term trading strategies. Traders should be cautious of these resistance levels while considering potential entry and exit points. |