Bitcoin just touched its 200-week moving average around $62,000 and bounced š
$BTC
This level has marked marketed bottom of every major Bitcoin bear market since 2015:
ā December 2018 ("Bitcoin is dead")
ā March 2020 (COVID panic)
ā November 2022 (FTX collapse)
Every single touch produced new all-time highs within 12-24 months š
$BTC
This level has marked marketed bottom of every major Bitcoin bear market since 2015:
ā December 2018 ("Bitcoin is dead")
ā March 2020 (COVID panic)
ā November 2022 (FTX collapse)
Every single touch produced new all-time highs within 12-24 months š