Top Bitcoin Analyst Says These Metrics Indicate BTC May Be Near Its Bear Market Bottom

Top Bitcoin Analyst Says These Metrics Indicate BTC May Be Near Its Bear Market Bottom


The Daily Hodl
2022-07-08 19:55:57

A Bitcoin (BTC) trading veteran says BTC’s 200-week moving average (200WMA) and relative strength index (RSI) are flashing positive signals. Pseudonymous analyst Plan B tells his 1.9 million followers that BTC’s 200WMA is showing a bottom, but he needs the RSI to confirm. “About this chart: 1) Realized/200WMA shows how small 2021 bull market was compared […]The post Top Bitcoin Analyst Says These Metrics Indicate BTC May Be Near Its Bear Market Bottom appeared first on The Daily Hodl.