possible BTC future grind out and flip of the 200 SMA
Note
We seen BTC very aggressively move up sooner than expected staring in the New Year (2023). BTC jumped the 200 SMA and back tested it twice almost perfectly before continue up. We could see a pullback to the 26-24K area and wouldn't rule out another retest of the +/- 20K area before the halving, and although anything is possible with bitcoin and our economical environment, It's more probable than not, the bottom is in for Bitcoin.
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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.