Hey guys ☕️
🚨BITCOIN CLOSED ABOVE THE 50-WEEK AVERAGE FOR THE FOURTH WEEK IN A ROW
Bulls held $83,000 at the weekly close, while the rally liquidated $140 million in short positions.
Four consecutive closes above the long-term average strengthen the case that the market is entering a new growth phase.
❗️At the same time, many will deny that altcoins are rising until they reach new all-time highs.
Every pullback will be met with expectations of a crash. Every bounce will be called a trap. That’s what a rally built on disbelief looks like. 😏
🚨BITCOIN CLOSED ABOVE THE 50-WEEK AVERAGE FOR THE FOURTH WEEK IN A ROW
Bulls held $83,000 at the weekly close, while the rally liquidated $140 million in short positions.
Four consecutive closes above the long-term average strengthen the case that the market is entering a new growth phase.
❗️At the same time, many will deny that altcoins are rising until they reach new all-time highs.
Every pullback will be met with expectations of a crash. Every bounce will be called a trap. That’s what a rally built on disbelief looks like. 😏