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The Daily Hodl 2022-06-16 22:05:36

Bitcoin (BTC) Approaching Level That Historically Acts As Cycle Bottom, Says Top Analyst

A popular crypto analyst says Bitcoin (BTC) may need to move further below an important moving average (MA) before hitting its cycle bottom. Pseudonymous trader Rekt Capital tells his 316,000 Twitter followers Bitcoin crossed its 200-week moving average for the first time since March 2020. Explaining the historical patterns BTC follows after crossing this average, […]The post Bitcoin (BTC) Approaching Level That Historically Acts As Cycle Bottom, Says Top Analyst appeared first on The Daily Hodl.

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