Is Bitcoin Bias Switching From Bearish To Bullish?

In my previous articles, I highlighted a pattern that has played out on Bitcoin (CRYPTO: BTC) twice since 2018, resulting in a significant bull rally. 

This pattern is potentially taking place for the third time and could be the catalyst that sees the bulls push through to $100,000. 

What Is This Pattern?

It is a bounce off the weekly 200 simple moving average (w200sma). Below is the weekly time frame. 

The w200sma has two …

Full story available on Benzinga.com

By

Leave a Reply

Your email address will not be published. Required fields are marked *