Bitcoin is re-testing its 200-Week Moving Average

Words
44
Reading
1 min
Listen
Play
3y

image.png

If Bitcoin's price holds above the 200-Week, then we have some support, but something tells me we have more downside to go, based on the MACD as well as the fact that the 200-DAY moving average is $22,679, while Bitcoin is trading above $26k.

Bitcoin is re-testing its 200-Week Moving Average | Ecency