Makubekz

2 Last Weekly Resistance

BITSTAMP:BTCUSD   Bitcoin
Just want to share my observation. In 2015 bear market both Weekly 50MA and 92EMA were the last barrier for the bulls. In July 2015 they tried and got rejected and right now btc is in the same scenario. If it gets rejected then we will have another opportunity to buy it cheaper before it tries again to break it. For the bulls we have the 50 and 200MA on the daily as support and golden cross. Just a newbie sharing his thoughts thank you.
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