On June 18, BTC fell below MA120 (120-day moving average). Looking back at the historical market, whenever BTC breaks through MA120, there will often be significant surges. Here are the gains after breaking through MA120 in the past few times:
April 29, 2020: BTC rose from $8,598 to $65,000, an increase of 680%.
August 25, 2021: BTC rose from $42,500 to $69,000, an increase of 61%.
January 13, 2023: BTC rose from $17,500 to $31,500, an increase of 75%.
October 16, 2023: BTC rose from $27,900 to $73,700, an increase of 162%.
Based on these historical data, the increase after BTC breaks through MA120 this time may also be considerable. Where should this increase go? #币安合约锦标赛 #MegadropLista #CryptoTradingGuide $BTC
