BTC to test 200 week MA and 3k
Updated
Looking back at 2017 the last good correction was from 5000 to 3000 usd (40%) where we made support on the weekly time-frame around 3600 usd.
BTC is coming close to the 200 week MA and support zone, but I think the big even of 3000 needs to be tested before we can think about moving to the upside.
3K was tested before we had the massive exponential run-up to 20k.
BTC is coming close to the 200 week MA and support zone, but I think the big even of 3000 needs to be tested before we can think about moving to the upside.
3K was tested before we had the massive exponential run-up to 20k.
Note
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