Bitcoin (BTC) has held steady above the 200-week MA and EMA at the weekly close this week.
Closing below these levels would be quite bearish for the higher time frame structure, which has been quite bearish over the past few months. Bitcoin has never truly traded below these levels in history, except during the 2022 bear market, where it temporarily traded below this level.
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Bitcoin (BTC) has held steady above the 200-week MA and EMA at the weekly close this week.
Closing below these levels would be quite bearish for the higher time frame structure, which has been quite bearish over the past few months.
Bitcoin has never truly traded below these levels in history, except during the 2022 bear market, where it temporarily traded below this level.