Is this a breakout?
Moving averages played a big role as an indicator for technical trendanalist. It helped to find support and resistance during the price history of Bitcoin.
An other interesting instrument is the distance from a MA measured in percentage, also that could have been a guide to find tops and bottoms for Bitcoin.
There is one particular trend-line that could have been an indicator to spot a top for bitcoin.
But is this one going to break soon?
Do you think this has some importance?
I would love to hear some input, ideas and maybe we can discus it further together!
Have a great 2024
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