BTC to test the 200DMA before trending higher

13 בינו׳ 2019

BTC has never breached that 200 DMA since 2013 and I doubt it will ever breach it in future. And I do forsee it test this level in the coming weeks for a possible double bottomed recovery sometimes in Feb that will herald the begining of a new 4 year trend. The level of adoptions in crypto and btc is higher compared to the last 10 years. There is vastly more awareness, government action, industry buildout in this cycle now.