Bitcoin Price is Goint to Touch 200-Day Moving Average

in LeoFinanceyesterday

Bitcoin price broke down 100-day moving average where is one of great support level for Bitcoin price. After breaking down this great support, the volatility increased on crypto market. I shared a few analysis and pointed this moving average. It happened.

Here you can see daily chart of Bitcoin price. 200-day moving average is following Bitcoin price. It may support Bitcoin price if Bitcoin price drops to this great support. After volatility increased, it may be possible to see Bitcoin price touching this support line.

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Here you can see the indicators on daily chart of Bitcoin price. I shared a pattern on RSI Indicator. There was a bowl pattern on RSI Indicator and It is broken down.

Fisher Indicator is going down day by day It will reach the bottom to reverse up but MACD Indicator reversed down yet.

We need time to see corrections the indicators on daily chart of Bitcoin price.

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There is no reversing pattern on Bitcoin price chart. Market maker did what he did always. Lots of investors are waiting for mega altcoin season after dropping on interest rates. We have see huge price drops on Bitcoin price chart after FOMC meeting.

We will see..

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Hello.

We would appreciate it if you could avoid copying and pasting previously published content (recycling content from previous posts).
Thank you.

If you believe this comment is in error, please contact us in #appeals in Discord.

Hello, I think this comment is in error. I shared technical analysis of Bitcoin price. So, there is similarity on title and text. I will try to avoid to same posts. Thank you for your warn.

Hello.
Each of these posts is almost identical in content to the previous ones. Some minor rewording and numbers are changed, + a different screenshot.

This account has had almost no engagement with the community for years, except linkdrop self-promotion in LEO Threads.
Also, these posts have created no engagement/interest from the community.
If someone needs a random market analysis/prediction, they can just Google up one of hundreds of crypto news sites to get it.

The content is basically a spam farming rewards pool, and evidently, this account has not been interested in community engagement for years.. Please stop this type of content.

Hello,
I reviewed my recent posts after your warning. I've been sharing content on the same topic lately. I'll be changing the subject of my content.
I spend half an hour every day writing the content I share on Hive. Many Hive users follow my content.
I'll take your warnings into consideration and work on improving the quality of my content.

That clean break of the 100 day MA makes your call on the 200 day as the next line of su;pport feel spot on. RSI bowl snapping and Fisher still pointing down tell me volatilty can bleed a bit more. I keep risk tight and stick to higher quality. My inner accountant likes neat levels, so a wick into the 200 day then a slow reclaim would be chef kiss :) MACD not curling yet are the last thing that keeps me from getting too brave.