Either this is dip or we are in bear market
BTC CME gap is nearly filled (ends at 77,930, bounced at 78,675). It also tested the 10-month MA (76K). Monthly RSI is at support, similar to August 2024, when price surged from 49K to 110K. There are several indicators tested such as distance to 50 day moving average as well as 200 day moving average current price. As long as it holds above 75-76K, the bull market remains intact.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.