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acdmbe

BTC nears Vital Support - Where next?

Bitcoin (COINBASE:BTCUSD)  
acdmbe Updated   
COINBASE:BTCUSD   Bitcoin
Chart Patterns Trend Analysis BTC USD coinbase Weekly Charts Cryptocurrency honeybadger
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chartpattern trendanalysis btc usd coinbase weekly cryptocurrency honeybadger
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Keeping the chart simple - Looking at vital support for BTCUSD

We have tapped the 50 ma on the Weekly chart once before. Will it support the price or are we heading down to retest $5800 low of February?

Satoshi for your thoughts?

Comment:
As long as the close of this week is above the 50ma then everything will calm down. However if it closes below then its squeaky bum time.
Comment:
Squeaky bum time
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