600 day SMA acting as support since January
Bitcoin all time history index INDEX:BTCUSD
The 600 day Simple Moving Average is perfectly marking the current support line for BTC , with not a single daily candle closing below it.
In the past two major dips Jan 22-24 and Feb 22-24 (precisely 31 days in-between), after a daily wick below the 600 SMA , there were follow ups exactly 2 days after with a lower wick.
Feb 22-24 to April 19-21 is a x2 of the last cycle (~60 days).
Expect a lower wick on BTC anywhere between April 20th and April 24th, followed by a move to the upside.
