Bitcoin finally ! wow....wow

AWASIOR

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bitcoin takes at 200DMA as bulls eye $51,000 resistance

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For all of last week, BTC showed resolve to rebound from the mid-$46,000s to touch the $50,000 mark again. The 200DMA is acting as strong support, helping BTC bounce back three times in the last two weeks. At the time of writing, BTC has broken out of a decisive rectangle pattern.

For the last couple of weeks, the $50,000 level has been seen as key. However, now analysts believe flipping $51,000 to support would be key to solidifying the current trend. At the very least, a daily close above $51,000 would be absolutely necessary. During Bitcoin's run in early 2021, $51,000 was a significant level and it still could be on its way to a new all-time high.
 

letsrollandplay

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The above article is being taken from the same site as previously I had mentioned, but as usual no source or credit being given to original article.
 
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