🅱️ Bitcoin's Most Important Long-Term Indicator $180K-$250K ATH

20 มิ.ย. 2023

The most important long-term indicator to differentiate between bullish and bearish potential, between a bull and bear market is MA200, I know you are familiar with it.

Let's go back to the basics just to understand where we are at concerning the bigger picture, the long-term.

The first and most important detail is the fact that each time that MA200 is tested weekly as support, a bull-market follows and this is the most interesting part because this time it is indeed different.

Let's start with the chart and past history:
Notice that there is always a test (#1) and retest (#2)

Back in 2015 we had a test of MA200 in January (#1) and a retest in August (#2) of that same year.

A multi-year long bull-market followed.

We had a test (#1) in December 2018 of MA200 which lead to a recovery rally and a retest (#2) in March 2020 that lead to a multi-year long bull-market.

Now, for the first time ever Bitcoin moved below MA200, with the test and failure of this level as support happening June 2022 and the retest and failure to conquer this level as resistance in February 2023... Currently, Bitcoin trades above this level.

The fact that Bitcoin is now trading above MA200 will lead to a multi-year long bull-market.

Bitcoin moving and staying for months below MA200 is a strong bullish signal. The fact that this level broke down means that all the weakest hands were removed. It means we saw the worst possible scenario, it means that even with the worst possible the market continues alive, healthy, growing and Bitcoin strong.

With the worst out of the way.
It is time for sustained long-term growth.

Forget about the short-term, think long-term.

Being conservative we are looking at $180,000 to $250,000 for the next All-Time High within two years time... Imagine how great you can do having this information now.

It can change your life... This is the opportunity we've been waiting for.

Together with Bitcoin, the rest of the Cryptocurrency market will also grow.

Namaste.