Bitcoin (BTC/USD) Analysis
Key Highlights
Bitcoin is trading flat after hitting a multi-month high at $48,234. The crypto market gained momentum on positive news that Ukraine and Russia may make a deal soon. Markets will keep a close eye on talks between two countries for further direction.
Technical Analysis
Intraday trend – Bullish
On the daily chart, the pair is trading above Tenken-Sen ($44,567), Kijun-sen ($42,701), and Ichimoku Kumo cloud ($40,630). It hits an intraday high of $47,434 and…
Source link
