BTCUSD is back to test the 200 day moving average for the second time in last few days. First time, we saw a good rejection from 200 DMA which was promising but now it's back where it started. If it closes below it this time, it'll signify further weakness and any chances of recovery in near term would diminish.
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Be a Better Trader!
Disclaimer: Do your own due diligence for buy/sell decisions.
Disclaimer: Do your own due diligence for buy/sell decisions.
Related publications
Disclaimer
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.