Bitcoin is acting very indecisive last 2 weeks and is making wrinkles for investors.
Currently the price of Bitcoin is 43K$ ,but standing at very important point.
We can go lower to 40K and test last high.
If the price breaks under ema200 it's still okay, but if ema's do bearish cross then
we can say that bear market is here.. maybe for 2 years maybe for 6 months.. :)
For the bullish side we need rejection from ema and then we need to breakout
from this "upside down parabola" move...
But for the long term best you can do is BUY and HODL !
BTFD!
Currently the price of Bitcoin is 43K$ ,but standing at very important point.
We can go lower to 40K and test last high.
If the price breaks under ema200 it's still okay, but if ema's do bearish cross then
we can say that bear market is here.. maybe for 2 years maybe for 6 months.. :)
For the bullish side we need rejection from ema and then we need to breakout
from this "upside down parabola" move...
But for the long term best you can do is BUY and HODL !
BTFD!
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closer look
