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Bitcoin bull flag joins MACD to tease new BTC price all-time high next
Bitcoin could be preparing to repeat its ascent to all-time highs from March, on-chain analysis shows. In a post on X (formerly Twitter) on June 2, popular trader and commentator Alan Tardigrade drew a key comparison to BTC price action now and in mid-February. Bitcoin on-chain metric echoes run-up to all-time high Bitcoin needed less than a month to hit new all-time highs earlier this year when a classic on-chain indicator flashed green. Now, the same setup is in the process of executing — with clear implications for BTC price strength. “Coincidence or Price action??” Tardigrade queried while presenting the ... (full story)