BITCOIN BOUNCE FROM WEEKLY 50MA AND BREAKDOWN TO WEEKLY 100MA
After each cycle top, Bitcoin tends to go down till weekly 50MA, bounce around 50-70%, then retest the weekly 50MA and breakdown to weekly 100MA (Currently at 23K and increasing) and weekly 200MA (Currently at 15K and increasing)!
Interestingly, Weekly RSI is almost at the same level too!
Will history repeats itself this time?
Interestingly, Weekly RSI is almost at the same level too!
Will history repeats itself this time?
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