The post Is Bitcoin Ready for a Major Surge? Analyst Sees Potential for $380K appeared first on Coinpedia Fintech News
According to crypto analyst Aurelien Ohayon, bitcoin could be on the edge of a huge bull run. He points to a key technical signal that could drive the next big surge in Bitcoin’s price. Ohayon notes that in the past when the MACD indicator for US Money Supply (M2SL) and Chinese 10-year Treasury Bonds showed a bullish crossover, Bitcoin’s price surged. This pattern suggests that another bullish crossover might be coming soon. If this pattern continues, Bitcoin could hit a new all-time high of $380,000.