Editor's note: BTC is attempting to break through the MA200, and 59000 is a crucial level.

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AiCoin
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1 year ago

In the morning, BTC rose in the short term, breaking through the resistance level of 58,400, and is currently testing 59,000.

According to yesterday's AICoin PRO alert, there are signs of BTC's rise:

1. 45-minute cycle: The price has broken through the EMA52 moving average, and the EMA12 is testing the Vegas passageway. If it successfully crosses above, it is considered a true breakthrough, with a bullish view towards 58,400.

2. Bullish signal from major cryptocurrencies: ETF net inflows are expanding + large investors on multiple platforms have bought over 250 million US dollars, resulting in a profit signal of 2.66%.

Editor's share: BTC attempts to cross MA200, 59000 is crucial_aicoin_figure 1

According to the AICoin editor's sharing in the PRO CLUB group, BTC failed to break through the Vegas channel trend tunnel in the 30-minute cycle, and in the 4-hour cycle, there is pressure near the EMA100 (position: 59,800). However, the daily K-line is attempting to cross MA200 (the bull-bear boundary). If BTC can stand firm at 59,000 in the future, it will most likely first test 59,800, with further upward pressure at 60,320 and support at 57,220.

Editor's share: BTC attempts to cross MA200, 59000 is crucial_aicoin_figure 2

For more real-time analysis, you can join the PRO CLUB group to obtain it: https://www.aicoin.com/vip/chartpro?purchase=1

The data is for reference only.

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