This is just an observance that I've made. The last time we rejected off this 21 sma, we dropped 93% to the bottom. I am by no means a bear, but I like to read what the charts are telling me. Bitcoin rejected in the same exact way last cycle but blew through it this cycle. Maybe this will change things. Let's just keep on eye on 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.