#BTC/USD Update below 200D MA now what?
Updated
You can see it didn't break that 200D MA and still trading below the resistance trendline too. Seems like the late longs are trapped now and it won't just go up without liquidating them. I expect the price could be juggle between the 200D MA and the 50D MA.
$6650 also is a very strong support.
OVERALL DIRECTION IS POSITIVE.
$6650 also is a very strong support.
OVERALL DIRECTION IS POSITIVE.
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So far we're up 7%+.I am expecting 7.6 k soon.
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Expecting a retrace towards 7034 right now.Comment
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