Crypto has recovered above it's 4 year moving average- historically a very important MA for market bottoms. It should build from this level with upside to 1.2T in the near future. If it can break through that level, it could go to 2-2.5T sometime in the first half of this year. I think an ATH is unlikely given the nature of the previous cycles, but would be welcomed. BTC should give relatively good returns compared to the major altcoins during this bull period.
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The market is almost done building its base. Bitcoin moon mission imminent
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Not liking the break down today. Not bullish anymore until lower, or the until crypto recovers over the 4 year MA.
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The 4 year MA was recovered very quickly after breakdown (3 days), showing that move was just a shakeout. Admittedly, I got shooketh.
Bitcoin now looks great as it's above its 1 year MA. As long as bitcoin holds that moving average in the event there is another dip here, it could see 50k-60kish this year. Long and strong
Bitcoin now looks great as it's above its 1 year MA. As long as bitcoin holds that moving average in the event there is another dip here, it could see 50k-60kish this year. Long and strong
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