Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
⭐ Merited by JayJuanGee (1)
Found something really interesting. Everytime BTC goes below 1 Week 50 MA, it retested 1 Week 200 MA.
Not saying it has to do this again but something to look at.
Not saying it has to do this again but something to look at.
Good observation there...
But have you also noticed that it tested the 200WMA in the past only when it crossed the 50WMA before it was peaking?
This is not the case with the last dip, but the mid-2021 dip almost was such a breach.
We'll sure find out.