Bitcoin Daily just landed on the 200 SMA - what now ?
Many people are expecting Bitcoin to Bounce off the 200 day SMA ( yellow & Arrowed)
But I just want to point out what happened last time we tanged for a long time.
We did NOT bounce of it untill PA was ready to
In fact, er fell below numerous times.
So, SORRY, don;t get your hopes up BUT we can watch and react.......
It may bounce but I doubt for long.....
Time will tell
But I just want to point out what happened last time we tanged for a long time.
We did NOT bounce of it untill PA was ready to
In fact, er fell below numerous times.
So, SORRY, don;t get your hopes up BUT we can watch and react.......
It may bounce but I doubt for long.....
Time will tell
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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.