Wintermute stated in the latest market update that BTC has closed above its 50 week moving average for the first time since early November last year. The key this week is whether it can hold onto the upper edge of the previous range at $82500, which may be tested multiple times; If the weekly chart closes below it again, the effectiveness of this breakthrough will be questioned. Wintermute also pointed out that the breadth of the current altcoin market has greatly expanded, and hopes that BTC's dominant rate will rebound synchronously in the next round of rise, because historically, the rebound led by altcoins but BTC has not been confirmed often turns into a sideways or downward trend. https://www. (wublock123.com)/news/wintermute-btc-closes-week-above-50-week-ma-target-82500-69140