BTC squeeze - a breaking point

2020년 7월 16일

BTC has been consolidating around the daily 34 EMA (yellow) for about a month now. But the 89 MA is rising to meet the current price. Will the squeeze of the two moving averages cause the price to break up through the 34 EMA (bullish), or will it break down below the 89 MA (bearish)?

2020년 7월 24일

노트

The squeeze forced the price upwards!