On the 18th, BTC fell below MA120.
Looking at the past market trends: when BTC broke through MA120, it skyrocketed.
Let's take a look at the previous breakthrough gains:
On April 29, 2020, BTC broke through MA120, and the market rose from 8598 to 65,000, an increase of 680%
On August 25, 2021, BTC broke through MA120, and the market rose from 42,500 to 69,000, an increase of 61%
On January 13, 2023, BTC broke through MA120, and the market rose from 17,500 to 31,500, an increase of 75%
On October 16, 2023, BTC broke through MA120, and the market rose from 27,900 to 73,700, an increase of 162%
#MA120