Since 2023, we have had a recurring pattern on Bitcoin:
👉 bottom around the 350-day moving average (orange)
👉 top between multiples 1.6 and 2 of the 350-day moving average (green + red)
💵 BTC has rebounded off the 350-day moving average, and the price is heading towards the 1.6 and 2 multiples. These levels are located between $138,000 and $172,000...
This is promising!
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