Bitcoin could be on the verge of reaching new all-time highs, according to key indicators analyzed by analyst "ShayanBTC". The Taker Buy-Sell Ratio has shown a bullish reversal, indicating buyers are regaining control of the market. Bitcoin has faced resistance at the $100,000 level, but a breakout above $105,000 could drive the price to new highs. The MACD indicator is currently bearish but showing signs of a potential reversal. Bitcoin's dominance in the market remains high, which may impact the performance of other cryptocurrencies like Ether (ETH) and altcoins.
Content Editor ( coinedition.com )
- 2025-02-12
Is Bitcoin About to Break Out? This Key Indicator Says Maybe
