$BTC TOP 20
Added 2023-05-28 19:03:12 +0000 UTCI am seeing a lot of wild $BTC charts online and to be fair, they have all looked very amateurish. The price action is between the 50 and 200 Day MA now and the 200 Day MA is moving between the 0.5 Fib and 0.618 Fib right now, this is where you should be looking if you are considering a position here.
So far, I really like the structure, a nice impulse wave up and pulling back now as expected, $BTC and crypto need this, they have failed their first test as a safe haven when stocks declined over the last year and a half so now is when $BTC enthusiasts want to see $BTC move with structure, if we look at the $GOLD chart, it is always on the week and monthly chart as their moves are very slow....this is what $BTC needs, as a safe haven, it needs to be low risk, wild swings are not low risk.
