BTC..CANT BREAK THE BEAR TRENDLINE ??
Updated
NO PROBLEM !! LET IT COME TO YOU..
THIS WEAK 50MA WHICH IS USUALLY ALIGNED WITH THE BEAR TRENDLINE WILL BE AT 8200 $ WHERE A SHORT TERM BOUNCE TO TEST 10K $(200MA) IS EXPECTED.
"In the business world, the rearview mirror is always clearer than the windshield.” ~ Warren Buffett
THIS WEAK 50MA WHICH IS USUALLY ALIGNED WITH THE BEAR TRENDLINE WILL BE AT 8200 $ WHERE A SHORT TERM BOUNCE TO TEST 10K $(200MA) IS EXPECTED.
"In the business world, the rearview mirror is always clearer than the windshield.” ~ Warren Buffett
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possible concolidation around 50% of ATH in the next weeks..until market decides.waith for the good/bad news at that time..Note
keep in mind the daily averages 50 MA 100 MA 200 MA and the 200 WMA all align around the same level which indicates a consoldiation before the next big move(drop/bounce)Note
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bullishNote
another proof of accumulation..volume positively correlated with increasing price unlike distribution..
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