Saturday, December 7, 2019

BTC tests weekly moving average that caused the latest Crypto bull market

Now that BTC has broken down into the formation of the triangle in which it traded, ending months of consolidation. Crypto analysts are analyzing Bitcoin price charts in hopes of finding clues about what could happen next.
A crypto analyst may have found some evidence that the Bitcoin run is not really over. It is simply resting a significant long-term moving average that after the last bear market. Once it tested again, the real market began bullish that resulted with Bitcoin reaching $ 20,000 per BTC.

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