"So, if Bitcoin holds the 200-week moving average for the rest of June, then you'll likely see some type of counter-trend rally going into early July."
This prediction is awaiting verification.
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… m years is it would go up you know, into the 50k range, right? Not much lower than that. And you can see that it would take until Q4 for it to really get down there if it were to follow the average of prior midterm years. So, I am not unsympathetic to the idea of the 200-week moving average providing support if we can hold it for the rest of June. So, if Bitcoin holds the 200-week moving average for the rest of June, then you'll likely see some type of counter-trend rally going into early July. But, the problem right now is that it's still so early in June that there's plenty of time theoretically to break down below it. I think there's a decent chance that Bitcoin will likely at least sweep the low from February. Kind of like it did back in 2018. There was a low set in February. It was a wick low. And after that low, you can see that Bi …