BCryptological

BTC squeezed by 200MA and 50EMA

COINBASE:BTCUSD   Bitcoin
Just to highlight that BTC appears to have have moved in to a ever-narrowing range between the 50 Exponential Moving Average and the 200 Moving Average on the weekly chart (remember the longer the timescale on the chart, the more significant the support/resistance ).

Please hit the thumbs up if you agree, or comment if you think this will hold any significance to which way we eventually break.
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.