Bitcoin just touched its 200-week moving average around $62,000 and bounced ๐Ÿ“ˆ

$BTC

This level has marked marketed bottom of every major Bitcoin bear market since 2015:

โ†’ December 2018 ("Bitcoin is dead")

โ†’ March 2020 (COVID panic)

โ†’ November 2022 (FTX collapse)

BTC
BTC
65,749.99
+2.08%

Every single touch produced new all-time highs within 12-24 months ๐Ÿš€