phoneywc

BTC potentially commencing a rally (2 hours time frame)

INDEX:BTCUSD   Bitcoin
BTC looks ready for a short-term rally.

The current BTC price is moving on the same MA sequence (50>200>VWMA) and MACD crossover is about to happen.

My guess is a rally to 62.4k to retest the local resistance level.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.