Bitcoin (BTC) Just Recorded Major Bullish Signal

Bitcoin, the world’s leading cryptocurrency, has just flashed a significant bullish signal, with its moving average convergence divergence (MACD) crossing into bullish territory for the first time since late 2021. This key momentum indicator might be forecasting an upcoming rally as Bitcoin’s value surges past the $30,000 mark for the first time since April 19 due to the hype surrounding a slew of exchange-traded fund (ETF) filings from major firms such as BlackRock and Invesco.