Title: BTC/USDT: Ready for New All-Time Highs

21 lug 2024

**Current Price:** 68,136.02 USDT (+1.48%)

Bitcoin (BTC) is showing strong bullish momentum, indicating that we may be on the verge of achieving new all-time highs. Here’s a detailed look at the current situation:

1. **Price Action:**
- BTC has closed at 68,136.02 USDT, marking a significant increase and showing a strong upward trend.

2. **Technical Indicators:**
- Bullish candlestick patterns indicate sustained buying pressure.
- Moving average crossovers suggest a potential continuation of the upward trend.
- Custom indicators, show that previous resistance levels have been surpassed.

3. **Momentum Indicators:**
- The MACD histogram is displaying increasing green bars, signaling growing bullish momentum.
- The momentum oscillator confirms strong positive movement, reinforcing the bullish outlook.

4. **Volume:**
- A noticeable spike in trading volume supports the likelihood of a sustained upward move.

**Targets:**
- **Short-Term Target:** 71,000 USDT
- **Mid-Term Target:** 75,000 USDT

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This analysis highlights strong bullish signals with positive price action, favorable technical indicators, and increasing momentum. These factors collectively suggest that BTC might be poised for a move towards new all-time highs. Keep an eye on these targets and adjust your strategies accordingly.

Dr SAUD