When the price approaches the two-year moving average, it indicates a potential bottom and suggests starting a dollar-cost averaging strategy. When the price approaches five times the two-year moving average, it indicates a potential top and suggests starting to sell gradually. Currently, it is close to the green bottoming moving average, but this does not mean the bottom has been reached. #BTC $BTC
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【BTC Bottoming Indicator Update】
When the price approaches the two-year moving average, it indicates a potential bottom and suggests starting a dollar-cost averaging strategy.
When the price approaches five times the two-year moving average, it indicates a potential top and suggests starting to sell gradually.
Currently, it is close to the green bottoming moving average, but this does not mean the bottom has been reached.
#BTC $BTC