Binance hack
Binance CFO resigns
Rate hikes
US-Iran conflict
Energy crisis
Internet crisis
Stock market crash
And yet, none of this has managed to push Bitcoin below the 50W moving average so far.
That tells me something.
Open interest is at new highs.
My affiliate and trading data show many traders positioning aggressively.
An absolutely HUGE move is coming for Bitcoin.
Iβd prefer it to be up, but Iβm prepared for both scenarios.
π¨ MASSIVE BITCOIN SIGNAL IS ABOUT TO FLASH AND NO ONE IS PAYING ATTENTION!
Iβm talking about the 50 MA crossing the 100 MA on the 3-day timeframe.
Historically, Bitcoin has NEVER bottomed after this crossover. The bottom has ALWAYS come before it.
The crossover is expected in the next few days.
IF history repeats, it would significantly weaken the case for new Bitcoin lows.
Always follow the data.