BTC 200W EMA
BTC/USD COINBASE:BTCUSD
BTC has never closed more than a few percent below the 200W EMA . Each time it has pierced this point, it has been the absolute bottom of the cycle and the start of the next major bull cycle. The pattern is the pattern until it’s not. Not every coin in the market can go -99% in a few days like LUNA, and not every stock in the market can go -90% down in days either. World War III has not started. Nobody has gotten nuked. If BTC weekly candle closes below $27k, it will be unprecedented in all of its history.
