🚨 BITCOIN $BTC
COULD BE REPEATING HISTORY
In previous Bitcoin cycles, major market bottoms have occurred around the 300-week moving average.
📍 Current 300W MA: ~$53,000
📍 BTC: ~$64,223
If BTC revisits that region, it could become an important level to watch for a potential long-term reversal—but history doesn't guarantee the same outcome this time.
👀 The big question:
Are we waiting for one final shakeout toward the 300W MA before the next major bullish phase?
For now, I'm watching the $53K zone closely and waiting for confirmation rather than assuming the bottom is in.
DYOR | NFA
#BTC #Bitcoin #Crypto #TechnicalAnalysis #trading
COULD BE REPEATING HISTORY
In previous Bitcoin cycles, major market bottoms have occurred around the 300-week moving average.
📍 Current 300W MA: ~$53,000
📍 BTC: ~$64,223
If BTC revisits that region, it could become an important level to watch for a potential long-term reversal—but history doesn't guarantee the same outcome this time.
👀 The big question:
Are we waiting for one final shakeout toward the 300W MA before the next major bullish phase?
For now, I'm watching the $53K zone closely and waiting for confirmation rather than assuming the bottom is in.
DYOR | NFA
#BTC #Bitcoin #Crypto #TechnicalAnalysis #trading