It's pretty obvious bitcoin is returning to the "mean" of the moving average. I personally believe it will either bounce off the MA and do a bullish MACD cross, or it will fall past the MA, test 27k- then resume bullish narrative. This is the best time to dollar cost average and accumulate coins, simply because the more we go sideways; The bigger the RUN!
Note
and... we hit it.
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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.