- Bitcoin has lost 50 day moving average which it held since the start of latest rally beginning in 2020
- Rising edge breakdown suggests $43000 will be tested then maybe the 200 day moving average.
- Bitcoin is a volatile instrument and history shows that these major pullbacks have happened often . Long term trend is still UP
-- MANAGE YOUR RISK - -
Disclaimer: All ideas are my opinion and should not be taken as financial advice.
- Rising edge breakdown suggests $43000 will be tested then maybe the 200 day moving average.
- Bitcoin is a volatile instrument and history shows that these major pullbacks have happened often . Long term trend is still UP
-- MANAGE YOUR RISK - -
Disclaimer: All ideas are my opinion and should not be taken as financial advice.
