Who doesn't like playing on a green field? Bitcoin keeps its weekend rally and makes traders wonder if it had already hit the bottom. Don't miss our latest crypto market analysis!
for the first time since June 13, raising hopes that the worst of the bear market may be behind us.
If the price turns down from this level but rebounds off the breakout level from the triangle, it will suggest buying at lower levels. That could increase the possibility of a break above $23,363. The pair could then rally to the pattern target of $28,171. This positive view could invalidate in the short term if the price turns down and slips below the 20-day EMA. That could pull the pair to the support line of the triangle.rose above the 20-day EMA on July 14 and cleared the overhead hurdle at the 50-day EMA on July 16. The bears tried to pull the price back below the 50-day SMA on July 17 but the bulls held their ground.The BNB/USDT pair resumed its up-move on July 18, suggesting that the low may have been made at $183.
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