TechFlow news, October 21 — According to CoinDesk, momentum indicators have turned bullish for the first time since April, suggesting Bitcoin could break above $70,000. Data from TradingView shows the Moving Average Convergence Divergence (MACD) indicator turning positive on the weekly chart, signaling renewed upward momentum. Bitcoin has risen nearly 30% since hitting a low below $53,000 in early September. Broad market expectations of Federal Reserve rate cuts, along with uncertainty surrounding the U.S. election, may further propel Bitcoin toward $100,000 by the end of December.





