Bitcoin's next wave could depend on this. Bitcoin fell in November below the 50K support and the weekly 21 EMA. But so far it has not yet managed to recover and get back above the weekly 21 EMA. What could this mean for bitcoin from a statistical and historical perspective? Do the odds get stronger or weaker when bitcoin remains below key resistance levels after a certain period of time? And what are the likely support levels that may potentially trigger a "bear market", IF those levels break? We look at the charts. Extensive TA Video by Alessio Rastani.
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