How Bullish Is Bitcoin's Bull Market. Expect This In May.
Read summaryThe video discusses the importance of Bitcoin staying above the 5 exponential moving average on the monthly chart to indicate a strong uptrend. As long as Bitcoin remains above this level, the bull market is likely to continue. If Bitcoin were to close below this moving average, it could signal the end of the current cycle or a long-term correction. The video also mentions the recent sell-off and how it aligns with the overall market trend. Keep an eye on Bitcoin's price relative to the moving average to gauge the strength of the bull market. 📈🚀📉
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