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BaffahBTC
Another week, another rejection for $BTC at the 50-week moving average, currently sitting at the $83K bear market invalidation level.
What’s interesting about the 50WMA is that, in every prior bear cycle, price has tested it twice.
The first test usually comes early to midway through the bear cycle. Price rejects and continues lower.
The second test has always broken through, usually later in the cycle.
This is the first time BTC has tested the 50WMA during the current bear cycle.
BaffahBTC
BTC — WHY I’M STILL WATCHING ~$30K 👀📉
Yes, I’m calling for a potential Bitcoin cycle bottom around the ~$30K area in the current cycle. I know that sounds extremely bearish to many people, especially when the market is still capable of producing violent upside moves. But this isn't a prediction I arrived at from a single indicator, one fractal, or one chart pattern. I’ve already identified several completely different analytical perspectives that independently point toward the ~$30K region as a potential cycle-bottom area. And now I
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Kripto Trending
BTC/USDTBitcoin
$84.025,9+0,04%
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