Bitcoin | Daily MA128 & Weekly EMA21 Both Acting As Key Support.

#BTC (Update)

In daily timeframe Chart, Bitcoin is Moving Above MA128 (49812)..!!

In 2016-17 Bullrun, Daily MA128 has Played An Important Role & Now, Again It's Acting As Key Support Since MAY 2020.

In 2016-17 BullRun, Bitcoin Tested it 5-6 times & Went up from it, 📈

If Bitcoin Remains Above MA128, It'll be Good for Bitcoin & Alts as Well..If Bulls Lost the It then Bitcoin Bullrun will End Soon like 2017. 📉

In Weekly Timeframe Chart, Bitcoin is Still Moving Above the Weekly EMA21 (46.6k) , EMA21 Acting As Support Since May 2020..!!

If Weekly Candle Closed Below the EMA21, Bitcoin Might Retest the 30k Support Area. 📉

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Faibik

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Faibik