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Ali: Bitcoin is once again testing the 200-day SMA, a critical level for confirming the bull run

Ali: Bitcoin is once again testing the 200-day SMA, a critical level for confirming the bull run

Bitget2024/09/20 02:55
By: Ali
BTC-0.37%
#Bitcoin is once again testing the 200-day SMA, a critical level for confirming the bull run.
Historically, failures to reclaim this support, as seen in 2020, 2018, and 2014, led to significant corrections. Watch closely—rejection here could signal trouble for $BTC! 
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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