🚨 BREAKING NEWS 🚨
The Moving Average has surpassed the current price for the first time since September. When the line is above the candle, it signals a potential further decline. Here are past instances of the MA rising above:
• August/September 2023
- dropped from $29k to $26k (-10%)
• November 2021/January 2023
- fell from $57k to $17k (-70%)
• May/July 2021
- decreased from $58k to $35k (-40%)
• January 2018/March 2019
- slid from $11k to $4k (-63%)What do you think?
How low will it go this time?