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Technical analysis by burakkesmeci about Symbol BTC on 8/19/2025

https://sahmeto.com/message/3724831
burakkesmeci
burakkesmeci
Rank: 1037
2.6
،Technical،burakkesmeci

What does 4 different moving average mean in Bitcoin? 🟡 SMA50 = 115,8k → BTC Currently (112k) below. The short -term momentum is a little weakened. ⚪ SMA111 = 109,7k → I especially chose Pi Cycle ball indicator. BTC above this level, ie the trend in the medium term is still healthy. 🔵 SMA200 = 100,3k → The main threshold of long -term rise trend. The fact that BTC remains over 200 days shows that the bull market continues in the big picture. 🟠 SMA365 = 91,5K → annual average. Unless this level is broken, the macro trend is still up. When I understood the moving averages, I realized that I could read the trend much more easily. Thank you for reading.

Translated from: Turkish
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Signal Type: Neutral
Price at Publish Time:
$112,783.14
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