Jackli : The price of BTC has shifted from weak to strong, with increasing upward momentum, breaking through the key resistance level of 52,000 USD
According to @jackli727 post on social media, starting from 8 o'clock last night, the downward momentum of BTC at the 12-hour level has weakened and started to rise, preventing the continuation of the daily line's downward trend, thus turning from weak to strong. Today within the day is a 6-hour level MACD zero rebound, with resistance at 52000. After breaking through it will directly reach the area of 52450-52600. The risk of a major decline has been temporarily removed. After retracing back to around 51500, it will directly enter into bullish territory with targets looking towards 52600 and higher.
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.
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