Am looking at cointelegraph website trying to find a clue as to why bitcoin is breaking out what am seeing is that the SEC from the American government is talking to issue an Ethereum ETF
When this will happen am not sure and I have not verified these details either
How Is Bitcoin Breaking Out?
When the price crosses above the 50 MA as you can on the chart according to the rocket booster strategy this gives Bitcoin an uptrend signal to go forward in the coming months.
When Did Bitcoin Breakout?
This happened according to the chart you are seeing some time last week, again this is part of the rocket boost strategy thats if you want to learn more about the reference at the bottom is where you should go.
What If Bitcoin Did Not Breakout?
Bitcoin breaking out is very important as it shows you when to stop and when to start buying. History Bitcoin is still cheap so you better get in now before the bubble in the crypto market begins.
Rocket boost this content to learn more
Disclaimer: This is not financial advice learn risk management before you buy or sell anything,
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.