BitcoinShort
Bitcoin rejects the 200-day MA after trendline breakout
After a rejection of the 0.382 Fibonacci retracement level, BTC is currently rejecting the 200day moving average. A confirmation will expose the 50 week moving average at 27.8k.
Ultimately, we shouldn't rule out the previous all time high at 19k which lines up perfectly with the -0.272 Fibonacci extension level.
An important level to monitor is the 50 week moving average
Ultimately, we shouldn't rule out the previous all time high at 19k which lines up perfectly with the -0.272 Fibonacci extension level.
An important level to monitor is the 50 week moving average
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