Bitcoin Technical Indicator Signals Bullish Momentum Shift

Convergence Divergence is on the verge of crossing bullishly from a strong position, suggesting renewed momentum could be underway.

The MACD indicator, often used to gauge the strength and direction of trends, is shifting upward, reinforcing bullish sentiment.

The accompanying chart shows Bitcoin trading within a rising channel, supported by historical Fibonacci levels.

This technical setup, paired with the bullish MACD cross, suggests that BTC may continue its upward trend if broader market conditions remain favorable.

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