Few days ago, announcing a dump, the 100 and 200 MMA crossed. When did it happened the last time? In 2014, during the crash:
Looks very similar, right?
Now:
But when did those MMA crossed again?
In November 2015 to signal the end of the bear market.
Now, I am still hoping that this dip will be a spring and that we bounced around the $5500/5800 level, but I cannot ignore this strong signal that BTC will not bounce so soon and stay in low levels.