Bitcoin price recovery sets base for TON, AVAX, NEAR, OKB to rally

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Coin Telegraph 2d ago

Bitcoin price recovery sets base for TON, AVAX, NEAR, OKB to rally - Coin Telegraph

Quick Summary:

Bitcoin price analysisBitcoin is struggling to rise and sustain above the 20-day exponential moving average ($85,246), but a positive sign is that the bulls have not ceded much ground to the bears.BTC/USDT daily chart.

Source: Cointelegraph/TradingViewThe pair is taking support at the 20-EMA on the 4-hour chart, signaling that the bulls are buying the dips.

Source: Cointelegraph/TradingViewThe 4-hour chart has been trading above the 20-EMA, indicating that the bulls are holding on to their positions as they anticipate another leg higher.A break above $2.83 could start a move toward $3.25.