According to CryptoBullet,
$BTC aggressively broke above the MA200 & EMA200 on the daily. That's a huge wake-up call for the bears
In 2018 & 2022 such a violent pump above the key MAs confirmed the end of the Bear Market 🐻❌
💭 I question myself: Do we have enough time to retrace this pump before the classic Bear Market runs out of time? And to be honest, it's hard to imagine what should happen to completely retrace this pump by mid October 🤷♂️
Maybe this Bear Market could last beyond October, but if there are no new lows by December 1st, I will flip 100% bullish
$BTC aggressively broke above the MA200 & EMA200 on the daily. That's a huge wake-up call for the bears
In 2018 & 2022 such a violent pump above the key MAs confirmed the end of the Bear Market 🐻❌
💭 I question myself: Do we have enough time to retrace this pump before the classic Bear Market runs out of time? And to be honest, it's hard to imagine what should happen to completely retrace this pump by mid October 🤷♂️
Maybe this Bear Market could last beyond October, but if there are no new lows by December 1st, I will flip 100% bullish