BTC's Fate Hangs by a Thread! 🤯

$BTC is dancing right above the 2-Year Simple Moving Average (SMA) at ~$82,800. History shows that every time $BTC closes a monthly candle BELOW the 2Y SMA, we're in for a bear market lasting at least a year. The 2Y SMA has proven to be a reliable gauge of cycle strength for the past few seasons. Maybe what the market needs isn't a V-shaped pump, but a monthly close ABOVE $82,800 in December.

#Bitcoin #Crypto #BullOrBear 🚀

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