BTC Year: Still +21,56% After Recent Drop 📊
This dump can only scare newcomers. We all know how BTC works. The medium average never lies when it comes to Bitcoin price.
This pattern is specific to BTC. It usually tends to return to the 200 day Medium Average (200 MA) if you check the charts on trading view, that’s easily identifiable.
Let’s see if BTC will just bounce to 6k in the next months. Eventually it will have an ever higher low than we had last crypto winter. 2k is possible in my opinion, but 6k is a VERY welcoming price for long term hodlers. 🤓
long term perspective is always great