Break of the 99 moving average bullish cycles btc.

2021년 8월 25일

These cycles I mention in my TA are based on 4H MA (99) support. I've traded the past month based on this MA 4H and I believe its one of the key factors why btc pumped so hard. We have had 2 cycles now, which both touched the MA in a period of 13 1/3 days. Now btc dumped a bit hard, that's why it's difficult to think of another cycle like the other 2. And tbh I expected a bigger pump for btc before the retrace. So now is btc forced to another channel? Or cycle? Im still analyzing btc and planning to long it soon when it touches the moving average.