Bitcoin 200 week moving average holding price again

Back at the lows last year, Bitcoin price hit the 200 week moving average. I thought there might be an accumulation phase, like we saw at the end of the last bear market but it didn't stay there long. Now we are back to the 200 week moving average, I wonder if this will hold and we will see the price being close to this line for a while?

Next few weeks are going to be interesting. We have this moving average that's held before, the halving and people still saying it must go lower.

Posted via Steemleo