THIS WEEK, MOST CRUCIAL FOR BITCOIN
This is Bitcoin on the weekly chart.
As you can see we're right on the 50 week MA. The two times in history that Bitcoin has failed to hold the 50 week MA, it fell all the way to the 200 MA, which currently sits sub 20k.
If we are able to put in some sizable consecutive green candles, this could be the start of the run that everyone has been anticipating, but this week/next week will literally determine the bull run.
As you can see we're right on the 50 week MA. The two times in history that Bitcoin has failed to hold the 50 week MA, it fell all the way to the 200 MA, which currently sits sub 20k.
If we are able to put in some sizable consecutive green candles, this could be the start of the run that everyone has been anticipating, but this week/next week will literally determine the bull run.
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