BTC might be heading for a retest of that 50-week EMA before potentially dropping down to the 200-week EMA—kinda reminds me of what happened back in 2022. That zone around the 50w EMA? Could be a prime spot for short positions.
Now here's the thing: if we actually get a bullish rate cut announcement, we could see price action accelerate toward that level way faster than expected. Keep an eye on those Fed signals.
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rugpull_survivor
· 15h ago
Here we go again with the 50-week moving average setup. Isn't the lesson from 2022 enough? This time, it's really different.
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YieldChaser
· 18h ago
The wave in 2022 really scared everyone. Now, just seeing these charts gives me a bit of PTSD.
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SilentObserver
· 12-10 13:56
Is the nightmare of 2022 going to repeat itself? I still remain bullish and not bearish.
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MysteryBoxAddict
· 12-10 13:47
The chaos in 2022 was truly a nightmare. If it happens again this time, I might just vomit blood.
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ContractCollector
· 12-10 13:46
The 500k EMA trend does have a bit of a 2022 vibe, but Bitcoin, this little guy, loves to reverse and take advantage of us bearish fools.
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GateUser-e51e87c7
· 12-10 13:36
Wait, are we going to replay the 2022 drama again? Why do I feel like every time we're gambling on whether the Fed will surprise us... Short-term moves really all depend on policy signals.
BTC might be heading for a retest of that 50-week EMA before potentially dropping down to the 200-week EMA—kinda reminds me of what happened back in 2022. That zone around the 50w EMA? Could be a prime spot for short positions.
Now here's the thing: if we actually get a bullish rate cut announcement, we could see price action accelerate toward that level way faster than expected. Keep an eye on those Fed signals.