$BTC Pivotal Time-Will 200 MA on 4hr break 1st time since April?
For the first time since appx April 10th, the price of BTC has gotten seriously close to the 200 MA on the 4hr chart. Similarly, several of the alt coins have done so, or more over, have entirely cleared the MA's on the their respective 4hr charts. This is a pivotal moment for BTC's short term action- does the price break above this 200 MA & give us some (momentary) upward price action? I am undecided on this short term move. However, I do not believe that BTC is done bottoming out as a whole. But the interim will be interesting.
*Not trading advice.
*Not trading advice.
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