cptOats

Bitcoin Bulls make a stand

BITSTAMP:BTCUSD   Bitcoin
Bitcoin Bulls make a stand at the 21W EMA in the face of adversity

Will the 12 May 2021 be:
  • the day that Vitalik Buterin and Elon Musk "Rugged" the crypto world by donating Billions of $ of meme SHIB tokens to India for COVID crisis and declaring Bitcoin too energy inefficient for an electric car company to endorse.
OR
  • the day that even though fear was intense the bulls remained in control at the 21 Week Exponential Moving Average and the Feb range low of $45K


Historically the 21 Week EMA has provided excellent buying opportunities for Bitcoin and this is the first tap of it since September 2020
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