200 Week Moving Average has held as support the last two times BTC has crashed like this. We are at it right now in the 5600 ballpark. Bulls must take their stand here if BTC is to do what the bulls would still like it to do, which is take off on a bullish run after the halving this spring.
I'll be watching closely to see the reaction off this level. If we can confirm support this is a great long. If it breaks..... it's curtains....look out below. Pivital time for the future of BTC in my opinion.
Be safe in your trades everyone, best of luck.
I'll be watching closely to see the reaction off this level. If we can confirm support this is a great long. If it breaks..... it's curtains....look out below. Pivital time for the future of BTC in my opinion.
Be safe in your trades everyone, best of luck.