First bearish weekly cross for $BTC this cycle is approaching.



100 EMA/SMA is about to have its first bearish cross since May 2022.

The last one resulted in a 50% monthly dump.

I think bulls could initiate a rally towards $100K to avoid this bearish cross as long as possible.
BTC-0,03%
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pin