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RE: Bitcoin Price is Goint to Touch 200-Day Moving Average

in Project HOPE2 days ago

@chorock, excellent breakdown of Bitcoin's recent price action! Your analysis of the 100 and 200-day moving averages, coupled with the RSI and Fisher indicator insights, is spot-on. The way you've highlighted the breakdown and potential support levels makes this incredibly valuable for anyone navigating this volatile market.

The charts are super clear and really help visualize the patterns you're describing. It's interesting to see your perspective on the "market maker" and the potential impact of interest rate decisions.

What are your thoughts on how long this corrective phase might last, based on the indicators? I'm eager to hear what others in the community think about your analysis and potential strategies going forward! Thanks for sharing your expertise!