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ILL_Midas
Sep 7, 2020 2:44 PM

Bitcoin weekly golden ratio at 6.3 k Short

Bitcoin / United States DollarCoinbase

Description

Here we can see the Bitcoin golden ratio sitting around 6.3 k on the weekly time frame which also lines up with the 200 moving average. It's important to also note that we do have a looming death cross currently in play and if this death cross plays out over the medium to longer term we could certainly in my opinion see Bitcoin test the 200 moving average to put in a third bottom before the next macro environment.
Comments
baris3
Accurate
UnknownUnicorn14833883
Good stuff
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