🧐 BTC 50w sma:

close below this level = bull market over
close above = bear market over

this worked basically since 2018 I have not looked back further

somewhat exception was 2019 but honestly I think it would've worked 2019 as well w/o having the external covid flash

definitely quite powerful signal so can expect a lot of people to buy back in here

my assumptions now somewhat like 60% bottom clearly in, 20% 60k retest, 20% new lows and my positioning reflects this take

weekend was again all kind of war fud russia AND iran and all we got was a mini flush

even if you have been big bear you slowly have to become warm with the idea that the bear might be over