Bitcoin Bulls make a stand
Bitcoin Bulls make a stand at the 21W EMA in the face of adversity
Will the 12 May 2021 be:
OR
Historically the 21 Week EMA has provided excellent buying opportunities for Bitcoin and this is the first tap of it since September 2020
Will the 12 May 2021 be:
- the day that Vitalik Buterin and Elon Musk "Rugged" the crypto world by donating Billions of $ of meme SHIB tokens to India for COVID crisis and declaring Bitcoin too energy inefficient for an electric car company to endorse.
OR
- the day that even though fear was intense the bulls remained in control at the 21 Week Exponential Moving Average and the Feb range low of 45K
Historically the 21 Week EMA has provided excellent buying opportunities for Bitcoin and this is the first tap of it since September 2020
to infinity and beyond
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.