Bitcoin support by weekly MA Ribbon with back-up...
Bitcoin / U.S. dollar BITSTAMP:BTCUSD
Time to zoom out...
Bitcoin support by weekly MA Ribbon with back-up...
Back-up:
If that support breaks the 23.61% FIB of BTC Log Growth Curves (orange line) was a well respected support / resistance level in the long past.
What do you think 😎
Drop me a nice comment if you'd like me to analyze any other cryptocurrency.
*not financial advice
do your own research before investing
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source https://www.smartmoneymanagement.info/2022/01/bitcoin-support-by-weekly-ma-ribbon.html
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