Bitcoin (BTC) continues to maintain pressure on overhead liquidity as analysis suggests a new 'golden cross' on lower timeframes. The price action of BTC remains near its highest levels since mid-April, with liquidity around $67,000 and above acting as a strong force. Market observers are excited as indicators point towards a potential bullish trend, including the possibility of a golden cross and the Ichimoku Cloud indicator supporting the $60,000 price level.
Keyword: Bitcoin, BTC, Golden Cross, Price Action, Liquidity, Ichimoku Cloud, Resistance, Support
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Last edited on: May 17, 2024 at 11:12 pm