Having initially tested and failed to find much support on the 100 day moving average, Bitcoin went on to find first support and then resistance on the 200 day moving average.
However yesterday's strong push by the bulls, took us straight back to the 100 day moving average and it has acted as strong support ever since.
Momentum is definitely with the bulls now...
Please give me a thumbs up and follow me if you found my analysis interesting. This is for educational purposes only and not a recommendation to buy or sell.
However yesterday's strong push by the bulls, took us straight back to the 100 day moving average and it has acted as strong support ever since.
Momentum is definitely with the bulls now...
Please give me a thumbs up and follow me if you found my analysis interesting. This is for educational purposes only and not a recommendation to buy or sell.