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BTC Weekly: 200MA is broken on weekly chart, very rare scenari | TradeLog

BTC Weekly: 200MA is broken on weekly chart, very rare scenario the only time it happened in BTC’s history was march 2020 and that was for a very short period of time. Staying too long below this level will not be a good sign. As of now expecting a ranging between 17600-20000 level and then rebound back to 27-28k and 34-35k. Could be a good trade coming between these ranges. Will update again after weekly close.