As clearly shown, prices have already fallen below the 50-day and 100-day moving averages: signalling clear bearish movement. If price can find strong support at the 200-day moving average at around .0004 BTC, I would consider this a bullish signal as it indicates a higher low from the previous correction.
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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.