Cowen provides a sobering, data-driven reality check that effectively cuts through market hype using historical precedents. This analysis is a necessary anchor for distinguishing a temporary relief rally from a genuine structural trend reversal.
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Prérequis
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Prochaines étapes
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Bitcoin's 200 Day Moving AverageAjouté :
This is a critical level for Bitcoin at the 200 day moving average. So, we're at the 200 day moving average.
It's a, you know, it is certainly a barrier. Uh, it it has been a barrier in prior bare markets with the exception of 2014 and in 2019. But in both cases, Bitcoin's surge above the 200 day was relatively short-lived. Okay? like in um in what was it in 2014 we got above the 200 day moving average but it didn't really hold at least on the first attempt you can see we got above it right here in June stayed above it for about a week off and on sold off into mid June got back above it into July for a few weeks and then we sold off into October and then in 2019 you know we got above it in January And then we were back below it again by February and March. Right?
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