🚀 #Bitcoin was rejected at the 200-day MA near $82.4K after a 37% rally from the April lows. This setup mirrors March 2022, where a sharp bear market rally into the 200-day MA was followed by rejection and renewed downside. Historically, failure to reclaim the 200-day MA confirms that the bear #trend remains intact. #CryptoNetwork


bitcoin:native
BTC-0.37%
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pinned