Bitcoin (BTC) Price At "Inflection Point", Big Move Happening In Cardano (ADA)
However, traders still need to track both Bitcoin and Cardano for bullish confirmations, as US Federal Reserve Chair Jerome Powell’s speech on Friday will be a key trigger. advertisement Cardano Price Can Hit $0.45, Bitcoin At Cardano influencer Dan Gambardello in a YouTube video on May 15 noted momentum oscillators hinting at a shift in Bitcoin price momentum. BTC price found support and rebound from the key 200-WMA level at $26,000 and traders look for bullish confirmations. In the daily timeframe, BTC price is at an inflection point as so much is happening right now. With RSI bouncing near the oversold region and 20MA crossover above 50MA possibility this week, BTC price could turn bullish again this week itself. However, there are also chances of a fall with so much uncertainty and events such as US Fed Chair Jerome Powell’s speech on Friday. Bitcoin Price in Daily Timeframe. Source: TradingView BTC price jumped 2% in the last 24 hours, with t...