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See Related:<\/em><\/strong> Bitcoin And Ethereum Price Can Be Boosted By 10% Following The US NFP Report, Crypto Market Analyst Ali B<\/a><\/p>\n\n\n\n

\"\"
Glenn Williams explains the latest moving average crossover signal on the Bitcoin price chart. Source: CoinDesk\/Markets<\/figcaption><\/figure>\n","post_title":"The Recent Moving Average Crossover Suggests Bitcoin Price May Create A Higher High And Remain Bullish Throughout November, Crypto Analyst Glenn Williams","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"the-recent-moving-average-crossover-suggests-bitcoin-price-may-create-a-higher-high-and-remain-bullish-throughout-november-crypto-analyst-glenn-williams","to_ping":"","pinged":"","post_modified":"2023-04-10 18:45:52","post_modified_gmt":"2023-04-10 08:45:52","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8164","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};
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  • Since June, the cryptocurrency has been trading constrainedly, making it difficult to spot significant up or down-movement indications. Based on the recent 10 and 50 MA positions, Bitcoin price must break the upcoming resistance at $21,216 and close above the key level near $22,615 to continue with the current bullish trend in the long term.<\/li>\n<\/ul>\n\n\n\n

    See Related:<\/em><\/strong> Bitcoin And Ethereum Price Can Be Boosted By 10% Following The US NFP Report, Crypto Market Analyst Ali B<\/a><\/p>\n\n\n\n

    \"\"
    Glenn Williams explains the latest moving average crossover signal on the Bitcoin price chart. Source: CoinDesk\/Markets<\/figcaption><\/figure>\n","post_title":"The Recent Moving Average Crossover Suggests Bitcoin Price May Create A Higher High And Remain Bullish Throughout November, Crypto Analyst Glenn Williams","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"the-recent-moving-average-crossover-suggests-bitcoin-price-may-create-a-higher-high-and-remain-bullish-throughout-november-crypto-analyst-glenn-williams","to_ping":"","pinged":"","post_modified":"2023-04-10 18:45:52","post_modified_gmt":"2023-04-10 08:45:52","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8164","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};
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  • However, the signal is probably weakened by Bitcoin's falling volatility over the past year. The \"average real range\" of BTC is nearly 70% lower than when the signal happened in March and October 2021 and is 41% lower than the recent crossover.
    <\/li>\n\n\n\n
  • Since June, the cryptocurrency has been trading constrainedly, making it difficult to spot significant up or down-movement indications. Based on the recent 10 and 50 MA positions, Bitcoin price must break the upcoming resistance at $21,216 and close above the key level near $22,615 to continue with the current bullish trend in the long term.<\/li>\n<\/ul>\n\n\n\n

    See Related:<\/em><\/strong> Bitcoin And Ethereum Price Can Be Boosted By 10% Following The US NFP Report, Crypto Market Analyst Ali B<\/a><\/p>\n\n\n\n

    \"\"
    Glenn Williams explains the latest moving average crossover signal on the Bitcoin price chart. Source: CoinDesk\/Markets<\/figcaption><\/figure>\n","post_title":"The Recent Moving Average Crossover Suggests Bitcoin Price May Create A Higher High And Remain Bullish Throughout November, Crypto Analyst Glenn Williams","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"the-recent-moving-average-crossover-suggests-bitcoin-price-may-create-a-higher-high-and-remain-bullish-throughout-november-crypto-analyst-glenn-williams","to_ping":"","pinged":"","post_modified":"2023-04-10 18:45:52","post_modified_gmt":"2023-04-10 08:45:52","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8164","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};
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  • Williams<\/a> recently posted his technical overview<\/a> of the Bitcoin price on CoinDesk, showing the 10 MA exceeding the 50 MA, indicating a solid bullish trend ahead. \u201cA crossover of the 10- and 50-day moving averages has historically been a positive signal. However, BTC\u2019s lack of volatility may interfere,\u201d <\/em>he stated.
    <\/li>\n\n\n\n
  • However, the signal is probably weakened by Bitcoin's falling volatility over the past year. The \"average real range\" of BTC is nearly 70% lower than when the signal happened in March and October 2021 and is 41% lower than the recent crossover.
    <\/li>\n\n\n\n
  • Since June, the cryptocurrency has been trading constrainedly, making it difficult to spot significant up or down-movement indications. Based on the recent 10 and 50 MA positions, Bitcoin price must break the upcoming resistance at $21,216 and close above the key level near $22,615 to continue with the current bullish trend in the long term.<\/li>\n<\/ul>\n\n\n\n

    See Related:<\/em><\/strong> Bitcoin And Ethereum Price Can Be Boosted By 10% Following The US NFP Report, Crypto Market Analyst Ali B<\/a><\/p>\n\n\n\n

    \"\"
    Glenn Williams explains the latest moving average crossover signal on the Bitcoin price chart. Source: CoinDesk\/Markets<\/figcaption><\/figure>\n","post_title":"The Recent Moving Average Crossover Suggests Bitcoin Price May Create A Higher High And Remain Bullish Throughout November, Crypto Analyst Glenn Williams","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"the-recent-moving-average-crossover-suggests-bitcoin-price-may-create-a-higher-high-and-remain-bullish-throughout-november-crypto-analyst-glenn-williams","to_ping":"","pinged":"","post_modified":"2023-04-10 18:45:52","post_modified_gmt":"2023-04-10 08:45:52","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8164","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};
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