AlanSantana

Bitcoin | The Fight For MA200 Continues | Bulls Are Lossing Cont

BITMEX:XBTUSD   Bitcoin / US Dollar Perpetual Inverse Swap Contract
On the 4H XBTUSD chart, the battle for MA200 continues.
Looks like the bears are gaining momentum while the bulls are losing control.

Prices for XBTUSD are now below MA200, the main resistance that needs to be conquered if Bitcoin wants to continue moving higher.

  • On this chart, below MA200 is bearish .
  • Above MA200 we go with the bulls...

Who do you think will win?

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