If we hold above this moving average we good to gosteemCreated with Sketch.

in bitcoin •  2 years ago 

Bitcoin broke above the 21 month moving average right before big bull markets in the past

Will history repeat again?

I'm thinking it just might!

Check this out:

image.png

(Source: https://twitter.com/el_crypto_prof/status/1663120221085761540/photo/1)

We are about to peak above the 21 month moving average and hold.

We are already above it, and have since held it for a few months now.

If that continues we are good to go for next major bull market.

My guess is we peak end of 2024 or sometime in 2025.

History points to end of 2025 as most likely peak.

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2 years ago by

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      ·  2 years ago 

    Many are bearish. However, I am quite bullish... even a surprise crash won't keep prices down for long. A nice confirmation above this MA will be great!

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