as marked in the chart, BTC is squeezing above MA line in 2Y MA Multiplier indicator. If history repeats itself, one would expect bitcoin to fall to $ 24,000 -30000$ in the next 3 months.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.