As mentioned in previous posts about bitcoin reform, in this post we will review a case to confirm previous posts.
Using the 200-day moving average indicator As you can see, in the past, the Bitcoin price chart has seen a long-term price correction every time the 200-day moving average price chart has broken down.
Based on classical technical analysis and past observation of the chart and its use for the future, we can expect that given that the price chart has once again cut the 200-day moving average downwards, a time correction in the long run and Let's see the continuation of the downward trend
Using the 200-day moving average indicator As you can see, in the past, the Bitcoin price chart has seen a long-term price correction every time the 200-day moving average price chart has broken down.
Based on classical technical analysis and past observation of the chart and its use for the future, we can expect that given that the price chart has once again cut the 200-day moving average downwards, a time correction in the long run and Let's see the continuation of the downward trend