Bitcoin Fights Back: Surprising Reptilian Signals

By Lola Coin Jun 27, 202367Views

The one-week BTCUSD Williams Alligator technical signal has reemerged in the Bitcoin market, indicating a new uptrend. The tool consists of three smoothed moving averages, known as Lips, Teeth, and Jaw, and when they are moving upward with the Lips above the Teeth and Jaw, it suggests a trending asset. The chart demonstrates that Bitcoin is currently trending up. The Alligator trend continues until a peak, at which point it “sleeps.” Despite regulatory pressure and other factors, the Williams Alligator suggests that an uptrend is underway. Examining previous uptrends, the current one resembles the 2020 rally, which lasted 350 days before a reversal. The Alligator has been eating for 125 days so far, surpassing previous years. The duration of the uptrend remains uncertain.

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