Bitcoin’s Momentum Climbs Towards $170K, Driven by Strong Bullish Signals

Recent bullish momentum in the Bitcoin market signals a potential surge towards $170,000-$190,000. The 21-week Exponential Moving Average (EMA) is providing significant support for this rally, with historical data suggesting strong gains when this indicator surpasses its close level. Experts believe these bullish trends are driven by the growth of DeFi applications and increasing institutional investments.