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Technical analysis by jonnieking about Symbol BTC on 11/5/2025

https://sahmeto.com/message/3897797
jonnieking
jonnieking
Rank: 1154
2.3

بیت کوین در آستانه خط قرمز 50WMA: آیا صعود به "والهالا" نزدیک است؟

Neutral
Price at Publish Time:
$100,637.67
،Technical،jonnieking

It’s only Tuesday, everyone RELAX. Still a long way from a Weekly Close below the 50WMA for BTC RSI is at the Liberation Day lows, and you know what happened after that. Note: this is the shallowest pullback to the 50WMA all cycle for bitcoin, which is in-line with late cycle behavior. In other words, this correction won’t take as long either. We could see a Weekly Close below the 50WMA to shake everyone out, then have a bullish engulfing the following week to send us to the long awaited promise land we call VALHALLA. In the small chance bulls cannot recover from this, below is a link to my 50WMA analysis that I put out back in February before everyone ran with my work. Stay vigilant folks.

Source Message: TradingView
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