BTC Update: Finally Some bullish thing happen. BTC close the | CryptoAST
BTC Update:
Finally Some bullish thing happen. BTC close the daily candle at $40,506, that is above the daily 200 MA. The daily 200 MA is broken only for single candle and immediately reclaimed that makes it a fakeout. Also the big wick to $30,000 confirms that BTC hit the bottom and institutions and whales bought BTC below $35,000. BTC is bullish as long as it trades above the daily 200 MA. Now BTC need to reclaim the $42,000 resistance area. All weak hands shaken out of the market.
