BTC massive historical support
Updated
BTC / USD
BTC finally hit 200W MA that I mentioned alot before
In past these dynamic supports are always around ultimate bottom of bear market
We can also accept a flash crash /wick to hit 300W MA (around 16k) but the important thing the weekly close to be above 200w ( 22.5k)
WEEKLY RSI :
Another important thing i want to show you is WEEKLY RSI :
we are currently setting around the level of bear market bottoms (since 2015 ! ), see here :
WHAT TO DO ?
1– For investors/long term traders :
you can start DCA from here
2– For short term / med term traders :
I advice to wait more bullish signals before entering market
Best of wishes
BTC finally hit 200W MA that I mentioned alot before
In past these dynamic supports are always around ultimate bottom of bear market
We can also accept a flash crash /wick to hit 300W MA (around 16k) but the important thing the weekly close to be above 200w ( 22.5k)
WEEKLY RSI :
Another important thing i want to show you is WEEKLY RSI :
we are currently setting around the level of bear market bottoms (since 2015 ! ), see here :
WHAT TO DO ?
1– For investors/long term traders :
you can start DCA from here
2– For short term / med term traders :
I advice to wait more bullish signals before entering market
Best of wishes
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