The 50-day Exponential Moving Average (EMA) at $66,749 underlines a solid uptrend, reinforced by Bitcoin’s breakout from a symmetrical triangle pattern that previously capped gains around the $66,500 level.
The current technical setup projects a bullish outlook for Bitcoin, indicating further upside potential above $69,750, while a descent below this benchmark could pivot to a bearish scenario.
Top 15 Cryptocurrencies to Watch in 2024
Stay up-to-date with the world of digital assets by exploring our handpicked collection of the best 15 alternative cryptocurrencies and ICO projects to keep an eye on in 2024. Our list has been curated by professionals from Industry Talk and Cryptonews, ensuring expert advice and critical insights for your cryptocurrency investments.
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See the 15 Cryptocurrencies