It looks like it found support at the 50 week MA. It did bounce off this MA over the summer. I only play the 10 week, but this looks tempting.
From BTC maximalist viewpoint: I thought this was a retarded version of the Matrix where Neo is released from inside a Walmart freezer. When the aliens arrive, never take them to a Walmart, it's just too difficult to explain. What happens at a Walmart stays at a Walmart.
Know what's funny? Had you bought Tesla instead way back then in Nov of 2017, you'd be up 1637% vs BTC at 1472% Woof!!!!
Looks like BTC is just another RISK ON asset. It trades like an e-commodity. The double top at 68-69K doesn't look good either. Even ETH is starting to tank with its daily 5-10% collapse.
Btc is a risk asset in the short term and is affected by liquidity situation Will you be making a trade based on your assessment? I remember 5-6 months ago I suggested buying btc to you when it was $30K Maybe you want to short btc now?
Bitcoin dropped 20% in a day not too recently. You don't think it can't happen again if it cant break and hold above 50k anytime soon ?