We haven't lost the 200 MA yet, and hopefully won't
Curious why the price of bitcoin bounced significantly off those lows?
Don't be.
We dipped below the 200 MA before surging back above it:
(Source:
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I expect that range to hold, but if it doesn't we likely see a quick plunge following the 200 MA break.
The next support area would be around $38k if $40k were to break.
200 SMA is at 45800
"MA" is meaningless - what you have seems to be the EMA - very different metric.
Yes it is the EMA. Given the context of the post, many traders/investors would use "MA" interchangeably since you are basically showing where bitcoin was seeing support as the main point, well that is unless you are splitting hairs, like you are. Did you take offense to me suggesting your idea is going to divert demand away from the blurt token or what?! Seems so...
Did you not read my reply to your idea?