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BITCOIN - $50,000 INCOMING OR CRASH DUE? | 50MA DECISION ZONE
Bitcoin
Short
BITCOIN - $50,000 INCOMING OR CRASH DUE? | 50MA DECISION ZONE
By JayanVarsani
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Jan 10, 2021
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Jan 10, 2021
The 4H 50 period moving average has serviced the bitcoin run from $18,000 through past the 2017 ATH and into current record prices
Thus indicating that if the 50MA fails to hold, a deep correction is highly likely and will come with high acceleration
Otherwise, it is likely that price follows through to $50,000
Price targets are the key volume zones established on the way up since $18,000
Price targets remain whenever the 50MA breaks suppose we reach $50,000+
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JayanVarsani
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