$BTC is currently testing the 50 week SMA for the 4th time. Interestingly, every time BTC has tested this SMA in the past and closed the weekly candle above it, BTC has created a new all-time high.
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Bitcoin is going to new all time high soon.
$BTC is currently testing the 50 week SMA for the 4th time. Interestingly, every time BTC has tested this SMA in the past and closed the weekly candle above it, BTC has created a new all-time high.
Currently the 50W sma is around $103,200 and we need tomorrow’s weekly close above it for bullish momentum to continue.
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