Crypto landscape is witnessing another wave of optimism amid the positive price movements. As per the data from the prominent crypto analyst “JAVON MARKS,” Bitcoin ($BTC) shows a gradual price uptrend with higher lows. The analyst took to social media to discuss the present bullish pattern of Bitcoin.
Bitcoin Price Presents Bullish Outlook with Strong Support Levels
The crypto analyst pointed out that the current outlook of Bitocin ($BTC) is quite promising. The recent price pattern indicates higher lows as a sign of robust upward momentum. In this respect, the investor confidence is rising in Bitcoin’s future price trajectory. Additionally, the top crypto asset is seeing resilient price support levels.
The market data reveals that the steady surge in Bitcoin’s price performance is favorable even amidst the wider market fluctuations. The present bullish pattern of Bitcoin ($BTC) is also beneficial for the overall crypto market. A key factor backing this is the increased $BTC buying activity. Keeping in view this bullishness, the market onlookers and crypto traders are keenly watching for the signs of a likely bull market.
Higher Price Lows Increase Possibility of Approaching Price Action
At present, Bitcoin ($BTC) is changing hands at $85,261.21. This price level highlights a 1.05% increase over the recent twenty-four hours. However, the 7-day price movement of Bitcoin displays a slight 0.12% price dip. Despite the slight weekly downturn, the 30-day price performance displays a 0.25% upside. Moreover, Bitcoin is gradually moving upward, and the higher lows point toward an imminent price action.
