The 100 week moving average has been acting as a very solid level of support and Bitcoin has tested and bounced off that moving average about 7x now since June 2018 and has been above the 100 week moving average since October of 2015 and after almost 3 years Bitcoin retraced to that level and is still holding quite strong!
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.