BTC has failed to hold all three major support at the SMA(20), SMA(50), SMA(200), so a conservative approach is warranted.
BTC could still hold the 20-week moving average, but if that breaks to the downside, there isn't support until around $37,500.
Be cautious.
BTC could still hold the 20-week moving average, but if that breaks to the downside, there isn't support until around $37,500.
Be cautious.
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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.