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BITCOIN IS PREPARING FOR NEXT RIDE AND WE SHOULD KEEP AN EYE ON THESE TWO INDICATORS ON WEEKLY CHART.
WEEKLY MA50: MA50 has become strong support for bitcoin in previous bull markets.
WEEKLY RSI 44: In every bull cycle, RSI becomes support and bounces multiple times. In this cycle also RSI is becoming strong support.
We will see a big move in Bitcoin and we can see $180k-$250k by the end of 2025.
WEEKLY MA50: MA50 has become strong support for bitcoin in previous bull markets.
WEEKLY RSI 44: In every bull cycle, RSI becomes support and bounces multiple times. In this cycle also RSI is becoming strong support.
We will see a big move in Bitcoin and we can see $180k-$250k by the end of 2025.