What happens when Bitcoin price moves below 200 EMA ?

BITSTAMP:BTCUSD   Bitcoin / U.S. Dollar
A historical data of the Bitcoin with EMA 200 shows that whenever Bitcoin moved below 200 EMA , it always bounced back to Higher High.
We can expect the same bounce back in this case. This is an excellent opportunity for the people to buy more Bitcoin and HODL for long term.

As per the chart we can expect BTC to move sideways for few more weeks and after that, it's gonna a Green Candles back to back.

Let's wait and watch.


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