BitcoinShort
Is History Going To Repeat?
We've been following the last bear market pretty close so far and right now its time to be concerned with this situation.
Yes there are many bullish factors including the halving coming soon, but be aware of this chart when you're feeling too bullish.
Let's hope it doesn't come to this and we manage to break above the 200 Daily Moving Average and continue our bull run.
3 things in my opinion can confirm the bull trend:
1. We go above 10400 to form a higher high
2. We make a weekly candle close above 9500
3. We have an open and close weekly candle above the 20 weekly moving average
Yes there are many bullish factors including the halving coming soon, but be aware of this chart when you're feeling too bullish.
Let's hope it doesn't come to this and we manage to break above the 200 Daily Moving Average and continue our bull run.
3 things in my opinion can confirm the bull trend:
1. We go above 10400 to form a higher high
2. We make a weekly candle close above 9500
3. We have an open and close weekly candle above the 20 weekly moving average
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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.
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.