Numerous times during the downtrend price tested the daily 50 MA and fell through, failing to find support. BTC has traded mostly below the 50 since Jan 2017, price again testing the 50MA for support.
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.
