BTCUSD, Weekly, Bearish moving averages

١١ يوليو ٢٠٢٢

In four of the last five cases, we rebounded from the averages, which heralded increases in Bitcoin's price. For a while now, we have gone below those moving averages, which does not seem to be any good. This is the fourth close of the weekly candle below 200 MA.

DISCLAIMER
It is not financial advice. It is only my own view of the market.

٢٨ أغسطس ٢٠٢٢

ملاحظة

Now moving averages work as a resistance.