The 21 wma just crossed the 50 wma in Bitcoin today. This hasn't happened since June 2019 when Bitcoin last reached $13800. This is very bullish for Bitcoin. The 21, 50, 100, and 200 wma's are all in bullish alignment. The 21 wma should provide support in a BTC bull market until the top if this cycle repeats what happened in 2016-17.
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.