$BTC sitting at $83,519 while the 100-week MA is at $89,839
Price/100W MA ratio: 0.93 đą
Below the mean but holding structure. Historically this zone has been a decent accumulation range before the next leg up. Not screaming oversold but def not frothy either.
Watch for reclaim of $89k to confirm trend strength. Until then, chop zone with dip buying opps.
Price/100W MA ratio: 0.93 đą
Below the mean but holding structure. Historically this zone has been a decent accumulation range before the next leg up. Not screaming oversold but def not frothy either.
Watch for reclaim of $89k to confirm trend strength. Until then, chop zone with dip buying opps.