CoinDesk analyzed that Bitcoin's long-term MACD (Moving Average Convergence Divergence) histogram has turned positive, indicating a highly reliable 'buy signal.' However, it added that breaking through the major resistance levels in the $65,000-$80,000 range will be crucial for a full-fledged bull market transition in the future. The outlet explained, "The long-term MACD histogram turning positive signals that Bitcoin's recent rally has secured room for further upside. Notably, the long-term MACD has shown relatively high reliability since Bitcoin's sharp drop from its all-time high. While major resistance levels exist within the $65,000-$80,000 range, including the △50-day simple moving average (approx. $65,434), △previous high (approx. $67,292), △200-day moving average (approx. $71,147), and △option market's largest open interest strike price (approx. $80,000), breaking through these could initiate a new bull market."
