Bitcoin reclaims 1,130-day SMA with $79,172 price, signals potential cycle turnaround

🚨 $BTC jumps above $79,000, flipping a vital technical level after months below.
📈 The 1,130-day SMA now acts as a strong support as Bitcoin rebounds from recent lows.
🧐 With the RSI at 83, extreme buying momentum fuels the move but hints at caution.
💡 In previous cycles, reclaiming this level coincided with the end of $BTC corrections.

Continue Reading:Bitcoin reclaims 1,130-day SMA with $79,172 price, signals potential cycle turnaround

The post Bitcoin reclaims 1,130-day SMA with $79,172 price, signals potential cycle turnaround appeared first on COINTURK NEWS.