While historically we have seen BTC Bottom around the 200wk MA.
During the Covid crash we visited the 300wk.
As of today we are below the 300wk.
The 400wk is coming up to a potential level from the 2019 highs just under 14k that would be a more likely bottom, at least a local bottom, for BTC going forward.
Watching this closely over the coming days/ weeks.
During the Covid crash we visited the 300wk.
As of today we are below the 300wk.
The 400wk is coming up to a potential level from the 2019 highs just under 14k that would be a more likely bottom, at least a local bottom, for BTC going forward.
Watching this closely over the coming days/ weeks.