BTC Overall Outlook
As we can see we have broken the 100 day moving average and found support on the 200 day moving average and within a key weekly demand zone. A break and close below that 200 MA could move us into the lows of the zone at around the 40k mark. A break of the 40k zone could send us down all the way into the 30k.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.