JaBoR85

BTC 10 years market cycle

Short
BNC:BLX   Bitcoin Liquid Index
Despite BTC halving taking place in 5 months trend does not look good at all... if BTC closes below 100 MA on a weekly TF it try to find support at 200 MA around January 2020. If this support does not hold BTC price we will see BTC’s last line of defense at 500 MA. This will close a 10 years neat and tidy market cycle conciding with 2nd crash fibonacci time zone extension. Not financial advice.

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