Bitcoin ‘looking like a snack’ as buy signal emerges; Is $60K next?
According to the latest technical analysis, Bitcoin (BTC) is showing promising signs of a bullish reversal. Notably, crypto analyst Ali Martinez, in a post on X (formerly Twitter) on July 6, suggested that based on Bitcoin’s recent movements, the maiden cryptocurrency is “looking like a snack” on the three-day chart, indicating potential upward momentum. Martinez pointed to the development of a bullish reversal doji candlestick on this timeframe, combined with a buy signal from the TD Sequential indicator. The TD Sequential is a well-regarded technical Analysis tool identifying potential turning points in an asset’s price trend. Picks for you Top economist blasts' Bitcoin pumpers' for linking BTC slump to Mt. Gox 2 hours ago ...