If you closely analyse the previous cycles and project your finding, you can find out the bottom is very close for BTC.
Given that we were rejected by the weekly 50MA, we can expect to go lower and touch the 200 daily MA soon enough.
Given that we were rejected by the weekly 50MA, we can expect to go lower and touch the 200 daily MA soon enough.
Trade active:
The daily 200MA is acting like a magnet.
Trade active:
we're close to the 200 weekly MA.
