๐Ÿ“ˆ Market Update: Bitcoin bounces from its key long-term support โ€“ the 200-week moving average!

โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”

๐Ÿ“ข What's new?

โ€“ Bitcoin has bounced from the 200-week moving average level, which has marked the end and beginning of complete market cycles in the past

โ€“ This support was crucial in the 2018 and 2022 cycles, often representing the "red line" that bulls refuse to lose

โ€“ The next move is more important than the previous one: either a confirmation of the bounce or a break that opens the door to a deeper correction

โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”

โ“Do you think this support will maintain the upward trend, or will we see a break that changes the course?

โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”

๐Ÿ“ If you liked the content, support me with a like and follow to stay updated

LEGENDARY_007#LEGENDARY_007

$BTC

BTC
BTCUSDT
66,242
-1.53%