Bitcoin Could be Nearing Bull Territory as Technical Indicator Turns Positive4.2

Ever since Bitcoin touched the low-$3,000 region in mid-December, its price has been gradually increasing and just yesterday broke above the $4,000 price level for the first time in a couple of weeks.

Bitcoin’s relatively positive price action since it set its 2018 low around $3,200 has led one widely viewed technical indicator to turn positive for the first time in months, which could signal that increased buying pressure is right around the corner.

Original source
https://www.newsbtc.com/2019/01/08/bitcoin-could-be-nearing-bull-territory-as-technical-indicator-turns-positive/

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