BTC never closed a single week over the 1W 200SMA since the bear market started, as every week we tend to lose it before the week candle closes.
If BTC closes this week above it (22.9k) it would mark the bottom of the bear cycle and a beginning of a bull rally for few months. And since BTC successfully bounced off the 4H 200EMA, I am optimistic about it.
If BTC closes this week above it (22.9k) it would mark the bottom of the bear cycle and a beginning of a bull rally for few months. And since BTC successfully bounced off the 4H 200EMA, I am optimistic about it.
Unless you figure a way to make money while you sleep, you’ll work till you die.
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Unless you figure a way to make money while you sleep, you’ll work till you die.
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.