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UnknownUnicorn39416474

END OF BEAR MARKET???

Bitcoin (INDEX:BTCUSD)  
UnknownUnicorn39416474 Updated   
INDEX:BTCUSD   Bitcoin
Trend Analysis Chart Patterns Technical Indicators Bearish Patterns bearmarket BTCUSD Bitcoin (Cryptocurrency) Cryptocurrency
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trendanalysis chartpattern indicator bearish bearmarket btcusd bitcoin cryptocurrency
BTC on weekly approached the important level of support zone at 200MA and the 19.6k support from 2017 ATH.
Every time in history BTC bounced of that level of 200MA. Just like 2020 Covid crash BTC can dip even further but it has to close above or at 200MA in order to end the bear market.
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snapshot

BTC closes the weekly above the 19.4k but below the 200MA. Still under bearish pressure. Needs to cross weekly above 19.5k with volume.
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