Update BTC
This chart is not just a picture it is a story of market sentiment.
Bitcoin is once again retesting the MA200, which has served as a strong support/resistance level many times in history. We Have seen before that when the MA200 is broken retested. the market decides whether to bounce or go lower. why this zone is so important.
For those who believe in the long term could be a time of patience testing. And for short term traders volatility means opportunity not without risk management.
Remember the MA200 is not a magic lineit is a line that smart money is watching. The reaction from here will determine the next trend.
Not financial advice do your own research.
