This is a bullish potential on 200 weekly moving average , it never broke before but violated for 2 times ! look at the picture on chart or the comments! I've been waiting for this moment for long time , just ready for 22k to 25k . This recommendation is just for spot and not for future or leveraged tokens. Bitcoin can violate this area and drop more to 20 or even 18 , but it dose not matter , as we saw in history , it took less than a week to get back the MA200. So , I AM GOING TO BUY 4 LAYERS ON THEASE PRICES . Good Luck !
הערה
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This is the support that never broke before!
הערה
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There is one note I would mention , if we take a closer look , we will see that in past , we had times that bitcoin was just spending time ON the ma200 weekly , just once in covid-19 the spent time was short , so from this subject we can get that BTC can just stay within 20k - 30k zone for a while ( even maybe a year or two ).
@TradingView, Make people explain the logic and the why's and what's before you feature anything. Drawing lines on a graph should not be your bar for the love of god.
Tradersweekly
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@JavadisHere Thanks for sharing, I agree with more downside. Here is as to why:
Gunslinger2005
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@BlazeBrainCapital, he explained the logic. stop crying just because there is a poster that did not say it was going to 10k like a doom boy
IndustryLeader
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@Gunslinger2005, Yeah, maybe in retrospect I was a little rude. If I was having the conversation in real life it would have been way more civil. My message remains the same though... pointing to a chart from earlier has zero impact on what is going to happen.. no matter how sexy of a graph you make. Of course that is just my opinion, I could be wrong.
yu1jia5
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@BlazeBrainCapital, He has explained the logic behind the chart with sinple lines and patterns, and he has explained what layers he is going to buy based on what he sees. Maybe you want to know the logic of buying signals?
Time to be careful. Probably not a great idea to buy before it is established that bulls have returned unless you are a long term holder. The difference between this bear run and the last one is that the average whale is holding coins purchased at prices between 10-20k