The black line on the chart stands for MA200. We are going back to basics.
➖ In October 2023 Bitcoin goes on a major bullish impulse after conquering MA200 as resistance.
Once the momentum of this impulse dries out, ends, the same level becomes relevant again but as support.
➖ Bitcoin is now going to test MA200 but instead of a bullish impulse, through a bearish-run.
This level now stands at $38,669. This would be the minimum price for Bitcoin to reach on this coming drop.
Namaste.
➖ In October 2023 Bitcoin goes on a major bullish impulse after conquering MA200 as resistance.
Once the momentum of this impulse dries out, ends, the same level becomes relevant again but as support.
➖ Bitcoin is now going to test MA200 but instead of a bullish impulse, through a bearish-run.
This level now stands at $38,669. This would be the minimum price for Bitcoin to reach on this coming drop.
Namaste.
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🚨 You need PREMIUM trade-numbers to profit from Cryptocurrencies —Best timing & amazing results! 👉 lamatrades.com (Since 2017)
💥💥💥 Early 2025 Results (NEW)
t.me/masteranandatrades/6119
🏆 FREE Trade-Numbers
anandatrades.com
💥💥💥 Early 2025 Results (NEW)
t.me/masteranandatrades/6119
🏆 FREE Trade-Numbers
anandatrades.com
Related publications
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.