As the BTC chart shows, Bitcoin did not test it's run up with the purple line of the 20 Weekly moving average. This is highly strange, if you compare the last bullrun in 2017. In fact, BTC never did this! If history repeats itself, BTC should be going down to approx. $7.500 before it goes up again. What do you think?
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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.