"Hay una alta probabilidad de que Bitcoin mantenga este nivel aquí, pero si no, el promedio móvil de 300 semanas ahora mismo está alrededor de 54.000. Quizás en unas pocas semanas estemos más cerca de 56.000. Es posible que Bitcoin alcance estos niveles. Es posible que Bitcoin rebote desde aquí." "There's a strong chance Bitcoin holds this level here, but if not, the 300-week moving average right now is around 54,000. Maybe in a few weeks we'll be closer to 56,000. It's possible Bitcoin reaches these levels. It's possible Bitcoin bounces from here."

… A wick below, then close above the 50 simple moving average and log Bollinger bands has only happened once before. You can see that right here. Only happened once before at the end of the 2015 bear market. Bitcoin hitting the 200-week moving average has always been a great time to buy. However, not necessarily indicative of the absolute bottom. There's a strong chance Bitcoin holds this level here, but if not, the 300-week moving average right now is around 54,000. Maybe in a few weeks we'll be closer to 56,000. It's possible Bitcoin reaches these levels. It's possible Bitcoin bounces from here. Schwab's director of crypto research says there is strong support at 60 thousand. >> As far as levels, what are you watching right now? Because I remember last weekend we did fall through that 60K mark, which even Michael Saylor had said to me here at the New York Stock Exchange he thought was the bottom. >> We've been vocal that we think there's …

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