BTC market correction, Why I am Bullish
the BTC Bull Market was above sustainable growth and has been outpacing trend analysis with the past quarter of non corrective price increase
The bull market channel's current low support is 38k, the current low support is 40 - 42k, there is always a chance for lower lows, without a higher higher that is exactly what we will look to to determine where the price will be, we are below the 90 day ma, but above the 200 day. These Moving averages will be significant indicators to determine the course in the next quarter. We are also below the williams alligator, with the gator belly up. This has determined bull market tops in the past however past performance does not guarantee future results
The bull market channel's current low support is 38k, the current low support is 40 - 42k, there is always a chance for lower lows, without a higher higher that is exactly what we will look to to determine where the price will be, we are below the 90 day ma, but above the 200 day. These Moving averages will be significant indicators to determine the course in the next quarter. We are also below the williams alligator, with the gator belly up. This has determined bull market tops in the past however past performance does not guarantee future results
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