BTC nears Vital Support - Where next?

By acdmbe
Updated
https://www.tradingview.com/x/Rlh3WDWJ/

Keeping the chart simple - Looking at vital support for Bitcoin

We have tapped the 50 ma on the Weekly chart once before. Will it support the price or are we heading down to retest $5800 low of February?

Satoshi for your thoughts?

Comment
As long as the close of this week is above the 50ma then everything will calm down. However if it closes below then its squeaky bum time.
Comment
Squeaky bum time
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