3 solid Bitcoin indicators predicting BTC price rise to 75K in June

1. Bitcoin price prediction for June 2021 - The article discusses three solid indicators predicting that Bitcoin could reach $75,000 in June. These indicators include the Golden Cross pattern,the Pi Cycle Top indicator,and the Puell Multiple.

2. The Golden Cross pattern - The Golden Cross pattern occurs when the 50-day moving average crosses above the 200-day moving average. This indicator historically signals a bullish trend for Bitcoin's price.

3. The Pi Cycle Top indicator - The Pi Cycle Top indicator predicts Bitcoin price tops by measuring the 350-day moving average divided by the 111-day moving average. When the indicator surpasses 1.5,it suggests a potential market peak.

4. The Puell Multiple - The Puell Multiple analyzes Bitcoin miner revenue in relation to the historical average. A high Puell Multiple indicates that miners are selling a significant amount of BTC,potentially leading to a price correction. However,a low Puell Multiple can suggest a buying opportunity for investors.



source https://titdoi.com/news/3-solid-Bitcoin-indicators-predicting-BTC-price-rise-to-75K-in-June

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