Bear or Bull Market? Judgement Day
Hi guys,
MA200 is the strongest support line of Bitcoin and has been in the past years.
If today's candle closes below MA200, it is a sign that we might go lower and fall into a bear market.
But if the candle closes above MA200 (ignore the wick) we may bounce back soon to a bull market and a great opportunity to buy more.
The RSI and MACD are pretty low, so a reverse trend should happen but crypto is always full of surprises.
Today is Judgment day, Bulls & Bears are fighting for a decisive future.
Trade carefully!
MA200 is the strongest support line of Bitcoin and has been in the past years.
If today's candle closes below MA200, it is a sign that we might go lower and fall into a bear market.
But if the candle closes above MA200 (ignore the wick) we may bounce back soon to a bull market and a great opportunity to buy more.
The RSI and MACD are pretty low, so a reverse trend should happen but crypto is always full of surprises.
Today is Judgment day, Bulls & Bears are fighting for a decisive future.
Trade carefully!
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