evillz

BTC is bullish as long as it remains above 50 week MA.

BNC:BLX   Bitcoin Liquid Index
Zooming out on the weekly, BTC is above the 50 MA (yellow line), bouncing off of the 200 (red line) back in March, As long as it remains above it I'm not concerned about a big crash. Tether printing continues at the rate of about $100-200 million a week. More importantly, I will not get excited until Bitcoin closes above $10.8K on the monthly. Which it has not done since 2017 all-time high.
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