#BTCUSDT Very Important Update.

27 בפבר׳ 2023

Welcome to this extensive analysis everyone.
We have been nailing every single Bitcoin Update this year.
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Now, let's get to the chart!

Bitcoin is currently trading right below the 200 WMA.
This weekly closed right below it.
Probably you have seen this chart before but I just want you to understand that this is very important for BTC to break and close above this MA.
It has always been the Bear Market bottom indicator and currently, it's the resistance we need to break through.
If BTC wants to start the rally, It should break in in Q1 of 2023.
We just have a month left for that.
Meaning 4 more candles.
Unless that happens I won't be doing too much leverage trading and stay mostly in BTC and Stables.
Lower Support lies between 19.8k and 20.3k.

MY NEXT UPDATE WILL BE ABOUT TEH ALTCOINS.
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Thank you.

#PEACE