INDEX:BTCUSD   Bitcoin
WEEKLY PRICE USES 200MA AS SUPPORT = REVERSAL

This has previously happened in August 2015, November 2018, March 2020, and now August 2023.

THINGS TO DO:
1) Wait for weekly price confirmation on the 200MA
2) Wait for position to enter
3) Have Patience

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.