A very simple media curve that attempts to find the moving center of BTC.
Blue supports could be the last BTC floor on its price. If 40k support is broken, BTC could fall to 30k. I still think this would be an unlikely scenario, buy possible.
Take a look at the pattern replication idea (linked below) to have a wider scope of why I think this could be the price floor.
Just sharing my personal charts for learning purposes only. This is not an investment recommendation.
Blue supports could be the last BTC floor on its price. If 40k support is broken, BTC could fall to 30k. I still think this would be an unlikely scenario, buy possible.
Take a look at the pattern replication idea (linked below) to have a wider scope of why I think this could be the price floor.
Just sharing my personal charts for learning purposes only. This is not an investment recommendation.
Find some of my resources here:
heroselohim.notion.site/Cryptos-a4564cce70aa45f4b0cbd9823e691f80
heroselohim.notion.site/Cryptos-a4564cce70aa45f4b0cbd9823e691f80
