BitcoinLong
Bitcoin's next leg up
It seems likely that the major weekly moving averages (50 SMA, 100 SMA, 200 EMA) start to converge. Price / short term trend (10, 20, 30 EMA's) gets pushed up against that horizontal resistance / 100 week EMA (the "Boss Fight" zone), and we eventually get another leg up. An eventual pull back to the "Boss Fight Zone" in the future may eventually be the place to buy the dip once the next run begins to cool off.
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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.