Last month Bitcoin finally reached the 3 Std level above its 4 year moving average. Once surpassed, this moving average multiplier acted as long-term support for the remaining duration of the previous bull run. I expect more sideways movement during the next few weeks. Afterwards I anticipate that we will begin the parabolic phase of this bull run!!!
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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.