If we break the 100MA on the weekly then there is a 40-50% drop incomming like two times before we broke this.
This would be a great buying opportunity (17-19k)
Lets see
NFA
lets see if this holds....
we are now in a spectacular phase which will brin a supercycle or winter....
looking at MA, a similar pattern is there before the last run up....
now BTC forming this MA pattern again....
if we can stay above the lower trendline....its good
if we break this lower trend....its bad
we need a golden cross on MA in the next...
I wish this will not take place but look at the history! After every high we have had three major dips, also in rsi!
Dotted line will be a faster drop!