In previous $BTC cycles, failure to hold the 50WMA has led to capitulation. We have been in bear market for a while if that isn't clear. Bottom to form around the 200WMA corresponding to prior cycle high.
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.
