$BTC below the 200W EMA has been the long-term accumulation zone. So far, Bitcoin is following the 4-year cycle, so it is logical to expect a bottom in Q4. But, just as ETF approval led BTC to a new ATH before halving (which had never happened before), approval of the Clarity Act could also change the dynamics.
Ted
@TedPillows
$BTC below 200W EMA has been the long-term accumulation zone. So far, Bitcoin is following the 4-year cycle, so it's logical to expect a bottom in Q4. But just like ETF approval pushed BTC to a new ATH before halving (which never happened before), Clarity Act approval may also change the dynamics.
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