50 Week MA
Another quick observation - BTC has wicked to the 50 Weekly Moving Average twice now.
Historically, failure of this MA results in a retest and decline of between 55%-70%.
Historically, failure of this MA results in a retest and decline of between 55%-70%.
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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.