The relationship between Bitcoin price and the MA200 line during a bear market! - During the 2014 downtrend, the price briefly broke above the MA200 before falling again. (twice) - In the 2018 cycle, the price was completely below the MA200. The price hit the MA200 twice before falling further. - In the 2022 cycle, the price was completely below the MA200. The price hit the MA200 once and then continued to fall. - Currently, the 2026 MA200 is valued at 83,149k, and the BTC price on May 6th reached 82,833k. Will the price break above the MA200 or will it correct downwards from here? #Bitcoin BTC #MA200
This article is machine translated
Show original




Sector:
From Twitter
Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
Like
Add to Favorites
Comments
Share
Relevant content






