All eyes are on $BTC
ahead of tonight's weekly candle close.
After dipping toward $65,600 and wiping out over $1 billion in leveraged positions, Bitcoin is fighting right below its 200-week moving average near $68,000. Every major cycle treats this exact zone as the dividing line between a healthy shakeout and a deeper trend shift. [1, 2, 3, 4]
Do you think $BTC closes the week back above $68,000, or do we test $62,000 first?
#BTC #Bitcoin #WhoWillSucceedJensenHuangatNvidia? #WhatWillDriveCryptoandStocks’NextRebound?
ahead of tonight's weekly candle close.
After dipping toward $65,600 and wiping out over $1 billion in leveraged positions, Bitcoin is fighting right below its 200-week moving average near $68,000. Every major cycle treats this exact zone as the dividing line between a healthy shakeout and a deeper trend shift. [1, 2, 3, 4]
Do you think $BTC closes the week back above $68,000, or do we test $62,000 first?
#BTC #Bitcoin #WhoWillSucceedJensenHuangatNvidia? #WhatWillDriveCryptoandStocks’NextRebound?