If you closely analyse the previous cycles and project your finding, you can find out the bottom is very close for BTC.
Given that we were rejected by the weekly 50MA, we can expect to go lower and touch the 200 daily MA soon enough.
Given that we were rejected by the weekly 50MA, we can expect to go lower and touch the 200 daily MA soon enough.
Trade active
The daily 200MA is acting like a magnet.Trade active
we're close to the 200 weekly 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.
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.