RE: LeoThread 2025-05-06 20:36

Part 4/7:

The MACD is currently showing signs of slight bearishness, which reflects a potential consolidation phase. It is important to monitor upcoming movements, especially considering that during the described bullish market, staying above the 10 and 50 Moving Averages indicates continued bullish sentiment; conversely, dropping below these levels would signal a bearish trend.

Bitcoin Price Projections

In the months ahead, some analysts are optimistic about Bitcoin reaching targets near $120,000 based on the presented market dynamics. However, a cautious approach remains to be emphasized, with concerns regarding a possible bearish phase around September or October if the bullish momentum fades.

Ethereum and Other Market Assets