
Post
Meyyro
This is the level I'm watching closely...
Bitcoin briefly pushed above $82K and reclaimed the 50-week moving average, but has since pulled back.
Galaxy puts the 50-week MA around $81.8K and notes that breaking above it has historically been significant: in 4 of 5 comparable bear markets, a confirmed weekly break marked the eventual end of the bear phase.
But the signal isn't confirmed yet.
The weekly close matters more than the intraday wick.
#HammackBacksHike
#BTCGoldRatioHigh
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