I noticed something extremely interesting about this BTC chart. After every bear market, the price of BTC moves up to the 50 week MA and gets rejected. It fall back to the 200 week MA and bounce off. The interesting thing is the relation between the RSI resistance and the 50 week MA resistance. It is about to happen exactly the way it happened in the last 2 bear markets. Don't believe me? just watch
happy trading
happy trading
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.