Will $BTCUSD Defy its Historical Tendency?
Every time we've touched and broken the 50MA on the weekly, we've collapsed onto the 200MA. I don't believe this time will be any different. Maintaining a 20K buy target for Bitcoin. I believe that, long-term, dominance will fall to below 20% of the total crypto market cap as underlying CBDC bridge assets absorb volume.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.