#200wma
200wma
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Bitcoin's short-term holders just sent 53,800 BTC to exchanges at a loss. That is the strongest capitulation signal of the year.
Profit-taking inflows have dropped to zero.
Price has returned to the 200-week simple moving average at $61,626.
This is the line that has defined every bear market floor in Bitcoin's history. The 2018 bottom. The 2020 crash. The 2022 lows.
Every time, price wicked below it, spent time around it, and then built the next rally from it.
The RSI on the daily has dropped to 17.35.
Readings below 20 on the daily RSI are rare.
Ten million Bitcoin are underwater. Short-term holders are panic-transferring to exchanges.
The RSI is in single-digit territory on some timeframes. The 200-week moving average is being tested.
Every on-chain and technical signal that has marked prior cycle lows is now flashing.
Trade the levels. $60,000 is the psychological floor. $61,626 is the 200-week anchor.
A daily close below $60,000 would be a warning.
A bounce from this zone with volume and RSI divergence is the setup. Patience. The signal is here.
#BitcoinETFPremiumTwoYearLow
$OPN $SIREN
#BTC #200WMA
Bitcoin's short-term holders just sent 53,800 BTC to exchanges at a loss. That is the strongest capitulation signal of the year.
Profit-taking inflows have dropped to zero.
Price has returned to the 200-week simple moving average at $61,626.
This is the line that has defined every bear market floor in Bitcoin's history. The 2018 bottom. The 2020 crash. The 2022 lows.
Every time, price wicked below it, spent time around it, and then built the next rally from it.
The RSI on the daily has dropped to 17.35.
Readings below 20 on the daily RSI are rare.
Ten million Bitcoin are underwater. Short-term holders are panic-transferring to exchanges.
The RSI is in single-digit territory on some timeframes. The 200-week moving average is being tested.
Every on-chain and technical signal that has marked prior cycle lows is now flashing.
Trade the levels. $60,000 is the psychological floor. $61,626 is the 200-week anchor.
A daily close below $60,000 would be a warning.
A bounce from this zone with volume and RSI divergence is the setup. Patience. The signal is here.
#BitcoinETFPremiumTwoYearLow
$OPN $SIREN
#BTC #200WMA
#BTC Buy Signal 📊_
BTC’s 200-Week MA called every bottom.
2022 below line → 4x pump.
2020 below line → 10x run.
April 2026: We’re ON it now 👀
NFA. Are you buying or waiting? 📈📉
#Bitcoin #BTC☀️ #BinanceSquareTalks #200WMA
BTC’s 200-Week MA called every bottom.
2022 below line → 4x pump.
2020 below line → 10x run.
April 2026: We’re ON it now 👀
NFA. Are you buying or waiting? 📈📉
#Bitcoin #BTC☀️ #BinanceSquareTalks #200WMA
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