Bitcoin 2 year MA Multiplier Today vs. Then

3 Nis 2022

Quick idea, both times prior to breaching the upper band on the 2y MA Multiplier, we tapped somewhere near the top of it, retraced for a bit and then blew above it before finally capitulating. Let's see if it happens a 3rd time. Note that a difference with this time is that we retraced near the bottom of the lower band. However, this actually could be seen as a sign of strength, considering we breached below it twice before moving towards the upper band, the 2nd breach was short lived, and if we don't breach it this time, we could see it as a long term series of higher lows.