Bitcoin close to 200 week moving average. Is this a significant level?
Here's the current weekly BTC chart, with a 200 week moving average. As you can see, its very close now.
This might be significant because BTC has found strong support on the 200 weekly MA before. Look at this chart, after the last big crash in January 2015. This was the end of that bear market and BTC went on to new highs. It might not happen like this again but it might be significant.
This is indeed a important level for us. Might be as well the reason for this sudden 10% bounce.
You just planted 0.08 tree(s)!
Thanks to @wayoutwest
We have planted already 6288.29 trees
out of 1,000,000
Let's save and restore Abongphen Highland Forest
in Cameroonian village Kedjom-Keku!
Plant trees with @treeplanter and get paid for it!
My Steem Power = 29502.97
Thanks a lot!
@martin.mikes coordinator of @kedjom-keku
Congratulations @wayoutwest! You have completed the following achievement on the Steem blockchain and have been rewarded with new badge(s) :
Click here to view your Board of Honor
If you no longer want to receive notifications, reply to this comment with the word
STOP