Bitcoin's Bullish Momentum Strengthens as EMA Gap Widens

According to BlockBeats, analyst Jose Antonio Lanz from Decrypt has observed that the gap between Bitcoin's 50-day and 200-day exponential moving averages (EMA) is widening. This development is typically seen as a sign of increasing bullish momentum in the market. Moving averages represent the average price of an asset over a specific period, in this case, the past 50 days and 200 days, respectively. A larger gap indicates a stronger market trend source: https://www.binance.com/en/square/post/25408621823657?utm_source=BinanceNewsRSS