Originally published at: Following a 5% Daily Crash, Here’s the Next Support for Bitcoin (Price Analysis) (cryptopotato) – We Never See Nothing
Bitcoin’s rally has come to a halt as the price was rejected from the significant 200-day moving average. Technical Analysis By: Edris Daily timeframe: Chart by TradingView Historically, the 200-day moving average has been reliable support in bull markets and strong resistance in bear markets. The price was initially supported at the broken $45K level,…