ILL_Midas

Bitcoin Double Bottom Support Test Before Or After Halving??

Short
ILL_Midas Updated   
CME:BTC1!   Bitcoin CME Futures
Currently the BTC1! futures weekly candle is soon to close, It is important to note that it is currently a holiday weekend.

The 12 EMA is currently below the 100 EMA for the first time since December 2018
Last time this occurred, BTC experienced a 50-60% drop
BTC is currently up 100% from the March 12th capitulation bottom......Will BTC capitulate again to retest this macro support before or possibly after the halving?
only time will tell............
Comment:
The 26 EMA is about to cross below the 100 EMA more capitulation is coming soon.
Comment:
Traditional market slid 2% so did Bitcoin
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