An overview on the current situation of Bitcoin.
This post is only for entertainment purpose, i'm not a financial advisor.
Do your own analysis before investing any money.
Although I'm not a professional analyst, I've been following the charts a lot and doing my own analysis. And I thought it would be interesting to share the knowledge with everyone. Hope you like it.
Lately BITCOIN has been in a very favorable buying zone for long term holding, historically whenever it reached the 200 Week Moving Average it meant the bottom of Bitcoin.
Although this is an important data, for the first time in BTC history we are below the 200WMA support, which does not invalidate this buy zone for long term holding, but it also means that prices could fall further.
The red zone represents all values below 200WMA.
In this post I just wanted to give an overview of the current situation of Bitcoin, in the next posts I will focus more on the daily chart. I hope you enjoyed.
Leave An overview on the current situation of Bitcoin. to:
Best Posts From Endrius Sartor
We have not curated any of endrius's posts yet. But you can encourage our curation team to review posts by visiting them regularly and by referring other readers. Because we give priority to frequently read content.
More Posts From Endrius Sartor
- An overview on the current situation of Bitcoin.
- EN | PT |-> Contest - Analysis of 3 cards of 7 mana | Concurso - Análise de 3 cartas de 7 mana
- EN | PT - Upcoming NFT Games - Ember Sword
- EN | PT - Upcoming NFT Games - Guild of Guardians
- EN | PT - Upcoming NFT Games - Guild of Guardians
- EN | PT |-> Contest - Analysis of 3 cards of 6 mana | Concurso - Análise de 3 cartas de 6 mana
- # Minhas estatísticas da temporada - Splinter Stats Season 45 Report Card
- # Minhas estatísticas da temporada - Splinter Stats Season 45 Report Card
- Finishing in a gold tier for the first time.
- Tutorial básico sobre o dCity