SammyCasket

My Thoughts on a BTC eventual reversal and flip of the 200 SMA

FOREXCOM:BTCUSD   Bitcoin
possible BTC future grind out and flip of the 200 SMA
Comment:
We seen BTC very aggressively move up sooner than expected staring in the New Year (2023). BTC jumped the 200 SMA and back tested it twice almost perfectly before continue up. We could see a pullback to the 26-24K area and wouldn't rule out another retest of the +/- 20K area before the halving, and although anything is possible with bitcoin and our economical environment, It's more probable than not, the bottom is in for Bitcoin.
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