Potential path of BTC over time. We have been doing well with the 200ma on a daily. After falling below it briefly other averages like the 365 and 730 are catching up as levels of support. Patience is required and small dips here and there should be expected. Holding the all time high support line from months ago would serve bullish in Bitcoins case. Falling below will likely bring in more downside..
My thoughts : Let the 200 moving average curl bullish as the golden cross comes into play. A dip to 42k possible to test the old highs and a nice bounce back into the 50k range can be expected. Let's hope :)
My thoughts : Let the 200 moving average curl bullish as the golden cross comes into play. A dip to 42k possible to test the old highs and a nice bounce back into the 50k range can be expected. Let's hope :)
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.
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.