Bitcoin Weekly PPO Turns Red At $102,000, What It Means For The Bull Market

Q: How long will it take to read this news story?

The story "Bitcoin Weekly PPO Turns Red At $102,000, What It Means For The Bull Market" has 459 words across 68 sentences, which will take approximately 2 - 4 minutes for the average person to read.

Q: Which news outlet covered this story?

The story "Bitcoin Weekly PPO Turns Red At $102,000, What It Means For The Bull Market" was covered 1 days ago by NewsBTC, a news publisher based in United Kingdom.

Q: How trustworthy is 'NewsBTC' news outlet?

NewsBTC is a fully independent (privately-owned) news outlet established in 2013 that covers mostly crypto news. The outlet is headquartered in United Kingdom and publishes an average of 5 news stories per day. It's most recent story was published 9 hours ago.

Q: What do people currently think of this news story?

The sentiment for this story is currently Neutral, indicating that people are not responding positively or negatively to this news.

Q: How do I report this news for inaccuracy?

You can report an inaccurate news publication to us via our contact page. Please also include the news #ID number and the URL to this story.<ul><li>News ID: #24962145</li><li>URL: https://beamstart.com/news/bitcoin-weekly-ppo-turns-red-17362663986197</li></ul>

NewsBTC Logo NewsBTC 1d ago

Bitcoin Weekly PPO Turns Red At $102,000, What It Means For The Bull Market - NewsBTC

Quick Summary:

As to how this market top could happen now, the crypto analyst explained that the Bitcoin price will keep running once the red ticks begin, and the market will have topped before the red tick runs out. Severino also highlighted the TD Sequential as another indicator that suggests the Bitcoin peak could occur as soon as the first or second quarter of this year.

He further explained what this development means for the flagship crypto in relation to the ongoing bull market. Bitcoin’s Weekly PPO Turns Red At $102,000 In an X post, Severino revealed that the Bitcoin weekly PPO just turned red after reaching $102,000.

This came as he remarked that the 7-week consolidation for BTC might be nearing its end. Related Reading: Dogecoin Gaussian Channel Turns Green On The 4-Hour Chart, Why A New ATH Above $1 Is Imminent Crypto analyst Mikybull Crypto also suggested that Bitcoin has flipped bullish once again.