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The critical life-and-death line is here! Bitcoin once again challenges the 200-week moving average, how long can the $60k hold?
In the crypto world, there is a line called the "faith detector."
That is the 200-week moving average.
In past cycles, it has been like an old Chinese doctor.
When it breaks below, everyone is pessimistic.
When it holds, everyone praises it as a deity.
Now BTC has once again reached a critical position.
The $60k support level has become the market focus.
The bears say:
This time is different.
The bulls say:
They say that every time.
So both sides start to repeat history.
And the most favorite thing history does is to make everyone relearn reverence. #比特币ETF单日净流出7272枚
If something like BCH, ZEC, etc., crashes someday, could there be a new coin to replace these top players?