2, more often than not, truths about $BTC you may not have realized.....
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1.) The price of Btc rarely divert from the MA200 more than 7% on the 1h chart.... Go learn something and fact check me please so you can remember this.
2.) This price divergence rarely last more than 2 days before corrections start... please fact check, before accusing me of FUDing again.
What does this mean? I suspect, in all likelihood Btc will soon become #BEARISHđ again (during the next 12hours or I will be wrong). The MA5 and MA200 need some interaction during the correction period and to reaffirm support levels.
It is my opinion that noobs should not #fomo longs at this time.
I will remain bearish untill proven wrong or wright, to enjoy the next leg up. So tell me what your view is? Your support and encouragement is much appreciated!
