(Chart by TradingView)
Bitcoin price's Ultimate Moving Average briefly rose to above $40,000 around March 20. But then it dropped again until today.
Meanwhile, the SuperTrend indicator, which was previously in a short position, has moved to give a buy signal in early March upto now.
On the other hand, the Squeeze Momentum indicator is very weak albeit in a bullish position, and with relatively little volatility.
Will the Bitcoin price trend continue to fall? And is it really time to buy now?
Let's continue to monitor these Bitcoin price fluctuations.