SBLineker

BTC Key Levels for the Entire Bull Cycle

BITFINEX:BTCUSD   Bitcoin / U.S. Dollar
In moments of ambiguity, it is best to sketch out scenarios for each possibility - so that regardless of the way market moves, you will have a plan or at least an expectation in hand.

Our key levels are established by

Refer back to this graph periodically to understand price relative to bull market context.

Cheers,

Comments

"It would be nice to see us go slightly lower than 10k again, is that possible you think?"

Everything is possible, but I dont think that level is probable.
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It would be nice to see us go slightly lower than 10k again, is that possible you think?
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@bed87, 10k is really improbable. The bull-market support has been the 21W EMA & SMA for BTC. Considering the continuing institutional interest, I would argue that we are not yet in our bull market top, and therefore, it would be improbable for us to break below the 21W MA (which corresponds to 40k-ish)
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