Bitcoin Thoughts - Stay grounded (for now)
On this chart I have over laid the Bull Market support band with the 50SMA on the weekly timeframe. As you can see, Bitcoin still has some work to do
21EMA - $45,041
50SMA - $47,000
20SMA - $48,767
Note what has happened in the past when the Bull Market support band crosses below the 50SMA 👀
On this chart I have over laid the Bull Market support band with the 50SMA on the weekly timeframe. As you can see, Bitcoin still has some work to do
21EMA - $45,041
50SMA - $47,000
20SMA - $48,767
Note what has happened in the past when the Bull Market support band crosses below the 50SMA 👀