🔵 The #BTC 50-week Moving Average has historically acted as a critical level. 🟠 During Bull Markets, when combined with the Bollinger Bands, this $BTC setup repeatedly produced massive upward impulses of +200%, +100%, and +70%, respectively.
Right now, we’ve reached that same critical zone again — price has touched both the 50WMA and the lower BB, at a time when the bands are extremely tight.
This is truly a moment of truth: ✅ If the bulls show strength, the cycle is likely not over yet. It’s possible to expect further growth. 📈 ❌ But if the weekly candle closes below these levels, it could mark the beginning of a bear market phase for the next year. 📉
🫣 And honestly — it’s terrifying to imagine what that might mean for altcoins.
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👀 #Bitcoin 1W - what we’re seeing on the HTF:
🔵 The #BTC 50-week Moving Average has historically acted as a critical level.
🟠 During Bull Markets, when combined with the Bollinger Bands, this $BTC setup repeatedly produced massive upward impulses of +200%, +100%, and +70%, respectively.
Right now, we’ve reached that same critical zone again — price has touched both the 50WMA and the lower BB, at a time when the bands are extremely tight.
This is truly a moment of truth:
✅ If the bulls show strength, the cycle is likely not over yet. It’s possible to expect further growth. 📈
❌ But if the weekly candle closes below these levels, it could mark the beginning of a bear market phase for the next year. 📉
🫣 And honestly — it’s terrifying to imagine what that might mean for altcoins.