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Technical analysis by cptOats about Symbol BTC on 5/13/2021

https://sahmeto.com/message/3323441
cptOats
cptOats
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Bitcoin Bulls make a stand at the 21W EMA in the face of adversityWill the 12 May 2021 be: the day that Vitalik Buterin and Elon Musk "Rugged" the crypto world by donating Billions of $ of meme SHIB tokens to India for COVID crisis and declaring Bitcoin too energy inefficient for an electric car company to endorse. OR the day that even though fear was intense the bulls remained in control at the 21 Week Exponential Moving Average and the Feb range low of $45KHistorically the 21 Week EMA has provided excellent buying opportunities for Bitcoin and this is the first tap of it since September 2020

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Signal Type: Neutral
Time Frame:
4 hours
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