BTC weekly line breaks below the MA60 moving average

In the last bull market in 2021, it broke below the 60 moving average, confirming a bear market

However, due to significant divergence, it will rebound to fill the moving average

Conclusion: It can be considered that the bear market has already begun, but due to the continuous decline of the bears, the significantly diverging moving average will rebound to fill the moving average in the coming weeks

At the same time, yesterday the bullish volume began to appear, far exceeding previous levels, increasing the possibility of a further rebound.

For spot trading, consider buying more than 50% of the position ​​​