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burakb
Jul 12, 2021 6:34 AM

BTC TO TEST MA200?  

Bitcoin / United States DollarCoinbase

Description

BTC IS EXPECTED TO TEST MA200 AND THE MAIN DOWNTRENDLINE.

ı DO NOT THINK SO SINCE IT IS MAKING LOWER HIGHS.

STILL POSSIBLE YES, BUT VERY LOW POSSIBILITY FOR ME

Comment

It has tested the DMA200 but closed the week below as happened in every cycle. So I would not bet on moonboi claims like 100k$. If we look at the past BTC could never stay above DMA200 after a big correction and bear market continued.
Comments
UnknownUnicorn10828932
tv can be a very good place
thanks trader
UnknownUnicorn10828932
@reza_1515 against simple ta by valid volume analysis ...
am i right?!
burakb
@reza_1515, yes volume on the rallies are very weak for now. It can change ofcourse but for now, pumps are very low volume where dumps are stronger. still whales or fomo can change things suddenly.
UnknownUnicorn10828932
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