## Bitcoin Breaks Key Threshold: Bright Technical Signals from David Cox and Moving Averages Indicators
Accordingly, market analyst David Cox has updated his outlook on Bitcoin, identifying that recent chart developments are supporting a potential bullish trend. Currently, BTC is testing the $93,500 to $94,000 price zone — a critical technical boundary that Cox emphasized in recent comments.
## Moving Averages Indicators Signal Positivity
The most notable sign comes from the stacking of moving averages on the daily timeframe. Currently, the 8-day EMA is trading above the 20-day EMA, and both a
Accordingly, market analyst David Cox has updated his outlook on Bitcoin, identifying that recent chart developments are supporting a potential bullish trend. Currently, BTC is testing the $93,500 to $94,000 price zone — a critical technical boundary that Cox emphasized in recent comments.
## Moving Averages Indicators Signal Positivity
The most notable sign comes from the stacking of moving averages on the daily timeframe. Currently, the 8-day EMA is trading above the 20-day EMA, and both a
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