đ Since 2017, we have noticed that Bitcoin has experienced bullish periods when the 111-day (blue) and 200-day (orange) moving averages are strictly above the 365-day (purple) moving average.
This corresponds to the areas framed in greenâŠ
đ Bearish periods occur when the 111-day moving average falls below the 365-day moving average.
And right now?
đ The indicator has been clearly bullish since 2023, and personally, I am optimistic as long as conditions remain like this!
So, are you heading for $150,000? (YES = đ)
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