Posted 3/25/2024, 7:04:42 AM
Bitcoin Price Shows Signs of Bullish Reversal, Could Rally to $76K and Beyond
- Bitcoin may be positioned for a bullish momentum reversal and rally above $76,000, according to analyst Kevin Svenson
- Svenson sees signs of an inverse head and shoulders pattern on the 4-hour chart, indicating potential for a trend reversal
- The MACD indicator is also flashing bullish signals of positive momentum returning
- Bitcoin saw a bullish daily close above a key resistance trendline
- Svenson previously predicted Bitcoin could surge to $90,000 amid high volatility
