A smoother long-term MACD just flipped bullish, pointing to more upside. Here are key levels that will decide if the ongoing bounce turns into a full blown uptrend.
- A longer-term version of the MACD histogram has turned positive for bitcoin, signaling that the recent rally above $64,000 may have further room to run.
- The indicator's bullish turn shifts focus to key resistance levels between $65,000 and $80,000.
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Gate Leads Spot Market Share Gains as CEX Volumes Rise for First Time in Five Months
CEX trading volumes rose for the first time in five months in June, with spot climbing 15.3% to $1.11T and RWA perpetual volumes surging to a record $311B.
Why it matters :
CEX trading volumes rose for the first time in five months in June, with spot climbing 15.3% to $1.11T and RWA perpetual volumes surging to a record $311B.
Franklin Crypto CIO says crypto prices are disconnected from fundamentals
Bitcoin panic-selling may be ending as sellers' profit margins disappear
Strategy pauses its Bitcoin buying spree to hoard a massive $3 billion cash cushion
Binance.US CEO says exchange is rebuilding, eyes return to 20% U.S. market share
Franklin Crypto CIO says crypto prices are disconnected from fundamentals
TeraWulf CEO: 'Not All Megawatts Are Created Equally' in AI Race
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