After 5 weeks finally BTC closed above 200 MA, this is a good new. From the past data if the BTC once the BTC closed above 200 MA it did not go below for few years.
We can expect BTC to continue moving upward and then retrace back to MA in the upcoming weeks.
Stay tuned for more updates.
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,...