Bitcoin Broke Down 100-Day Moving Average Support After Binance FUD

11 months ago

Bitcoin price broke down 100-Day moving average where is one of great support for Bitcoin. It is so sad to be broken down this support line for bullish people.. I shared lots of analysis and said that mini bullish season of 2023 may be ended. I will be out of market. I was waiting for this FUD. FUDs helps market maker to make crashes...

Here you can see daily chart of Bitcoin with 100-day moving average. It worked as support and resistance..

Ekran Resmi 2023-06-05 21.57.01.png

200-day moving average will be solid support for Bitcoin price. It is at 23300 USD level. So, Bitcoin price may hit there in next days..

MACD Indicator is also below 0 and It can be said bearish zone..

Ekran Resmi 2023-06-05 21.57.43.png

Good days are completed. We passed 5 months of 2023 and Next months may be bearish. I said ''Sell in May, go away'' motto will be true..

We will see..

leofinance bitcoin neoxian proofofbrain cent ctp vyb analysis posh trading

0.000

4 comments

@pixresteemer 71

11 months ago

Bang, I did it again... I just rehived your post!Week 159 of my contest just started...you can now check the winners of the previous week!₁₅

0.000

@fredaig 63

11 months ago

Bitcoin aint doing bad itself, i hope it regained itself, most holders if not all already sold their asset afraid of the fall

0.000

@hivebuzz 74

11 months ago

Congratulations @chorock! You have completed the following achievement on the Hive blockchain And have been rewarded with New badge(s)

	You distributed more than 66000 upvotes. Your next target is to reach 67000 upvotes.

_{You can view your badges on your board and compare yourself to others in the Ranking}
_{If you no longer want to receive notifications, reply to this comment with the word STOP}

To support your work, I also upvoted your post!

Check out our last posts:

	Our Hive Power Delegations to the May PUM Winners
	Feedback from the June Hive Power Up Day
	Hive Power Up Month Challenge - May 2023 Winners List

0.000

@pokermaria 62

11 months ago

I sorted btc at 27.4k... but i got out from the trade with a small profit, as the immediate fall didnt come, and these insanely bullish noises were so loud... i hit my head what a good trade i just missed...

now have to sit till the buy opportunity comes, and I agree, that can take months, wouldnt even be surprised, if it would go to 20k or even much lower.

0.000