MarianusInconnuX

$BTC view on current situation with past bullrun fractals

Short
BITSTAMP:BTCUSD   Bitcoin
Key elements on this chart are:
- 50D MA
- 200D MA
- 200W MA
- Death Cross
- Golden Cross

Idea is based on the assumption will reject from 200D MA or break above but fail to reclaim 200D MA as support.
The bottom is estimated at a touch of 200W MA end of this year.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.