We can judge the long-term trend of BTC through the 200 MA. Assets that went through a long-term decline after an explosive rise required at least two times breakthroughs the 200 MA. BTC will go back below 200 MA for a second breakthrough the 200 MA.
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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.