Analyst: Bitcoin's monthly line is bullish, approaching a new historical high
According to analyst Army Duck on X, Bitcoin has shown a 23% increase in monthly amplitude, maintaining an oscillating upward trend. Daily adjustments do not affect the long-term rise. The MA30 line continues to rise, MACD is weak but trading volume is stable. Currently, Bitcoin is fluctuating around $70,000, testing between $72,700 and $75,000 above and supported between $69,600 and $65,780 below. It's suggested to buy on dips and pay attention to rebound opportunities at major support levels.
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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