After testing 50dma as support for a week, btc is about to touch 100dma, soon we can see a major move from here ,
Bullish scenario is we break and close above (on daily and weekly)100dma which is roughly around 8000$ level
Bearish scenario is we get rejected from here back to 50dma or below it
what do you guys think ?
Would btc be able to close above 100dma on weekly ?
If rejected would btc be able to hold 50dma ?
Please share you opinions