Momentum: Why The Bitcoin Train Is Ready To Leave The Station

Momentum: Why The Bitcoin Train Is Ready To Leave The Station
The latest Bitcoin price action has pushed momentum into the positive on just about every timeframe that matters: From today the daily through the monthly. If these signals confirm with a June monthly close, the train might have officially left the station when it comes to the next crypto bull run. BTCUSD Momentum Builds Across Multiple Timeframes Imagine a train that’s come to a complete stop. It’s a lot easier to board a train as it’s idle, and before it has gained momentum. Momentum starts off slow, then once the train really begins rolling it picks up seemingly unstoppable steam. Slowing back down takes force, time, and distance before it once again comes to a stop. Getting in the train’s path can prove dangerous. Related Reading: Bitcoin Price Breaks Above $30,000: Is The Bull Run Back On? If Bitcoin price can continue to climb through the end of June, strengthening bullish momentum will confirm across nearly every significant timeframe from the daily to the weekly to the monthly. That is according to the LMAC ..

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