BITCOIN - $50,000 INCOMING OR CRASH DUE? | 50MA DECISION ZONE
- The 4H 50 period moving average has serviced the bitcoin run from $18,000 through past the 2017 ATH and into current record prices
- Thus indicating that if the 50MA fails to hold, a deep correction is highly likely and will come with high acceleration
- Otherwise, it is likely that price follows through to $50,000
- Price targets are the key volume zones established on the way up since $18,000
- Price targets remain whenever the 50MA breaks suppose we reach $50,000+
