Bounce to 200D MA, break 50W MA and find support on 200W MA
Based on earlier and similar situations I expect Bitcoin to bounce to the 200D MA, after which it will return to the 50W MA. The 50W MA will be tested with some sideways movement and will eventually fail, after which Bitcoin will go to lower regions and find support on the 200W MA.
Disclaimer
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.