Weekly TF. When 50MA holds, it bounces, but normally a lower high. Nov higher higher was the first time. Will it hold 50MA this time? Based on historical data, if it doesn't hold, it drops drastically to 200MA which currently sits around 20k. This is the most bearish scenario imo.
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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.