Could the WEEKLY 50 MA be Supporting BTC?

in #bitcoin • 6 years ago (edited)

Hi guys Vaughn here

Just some thoughts today on what could be holding BTC up

My idea came from @CoinDeskMarkets on Twitter. They tweeted a few days ago that the Weekly 50 MA could be holding up Bitcoin, and for 3 Weeks in a row we have seen 3 bounces.

Could the Weekly 50 MA be a major reason for the support?

Let me know your thoughts!

Screen Shot 2018-04-15 at 7.30.46 PM.png

Disclaimer: Vaughn Pierre is not a financial advisor but only posts content for educational purposes.

#btc #cryptocurrency #crypto
6 years ago in #bitcoin by
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