Source: TradingView
This price movement is definitely different from previous bear markets. I couldn't imagine that it would recover quickly. If this bear market followed traditional bear markets, BTC(Bitcoin) should dump again. WTH!
However, it's cautious that Crude Oil WTI is still above $100. The uncertainty is high due to the blockades of strait of Hormuz.
For now, the beat scenario for BTC is BTC tries to surpass 365d MA(Moving Average) line as soon as possible.
Let's look into the market, continuously 👀
Source: TradingView
This price movement is definitely different from previous bear markets. I couldn't imagine that it would recover quickly. If this bear market followed traditional bear markets, BTC(Bitcoin) should dump again. WTH!
However, it's cautious that Crude Oil WTI is still above $100. The uncertainty is high due to the blockades of strait of Hormuz.
For now, the beat scenario for BTC is BTC tries to surpass 365d MA(Moving Average) line as soon as possible.
Let's look into the market, continuously 👀
