Depending on your personal believes: If you believe Bitcoin's price patterns always find themselves repeating in one form or another, then this is where we could potentially be at right now. The MAs would certainly suggest so, as well as the trend lines.
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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.