Last market cycle we got rejected just prior to the all time highs. We had a 36% pullback over 7 days where we ended testing the 20 week moving average. If history repeats itself we will be meeting the 20 week moving average at $12,500 this coming week.
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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.