Bitcoin long positions on Bitfinex have recently dipped below their 20-day moving average. Historically, this metric tends to serve as a meaningful indicator—in many instances, such pullbacks have preceded notable upside momentum. The chart patterns suggest traders should monitor this level closely, as the setup aligns with past scenarios where similar conditions kicked off stronger rallies. Worth keeping an eye on as market structure evolves.

BTC0,13%
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 5
  • Repost
  • Share
Comment
0/400
GateUser-00be86fcvip
· 01-10 02:04
Once again, it has fallen below the 20-day moving average. Can historical patterns be relied upon? Anyway, I cut my losses.
View OriginalReply0
ChainChefvip
· 01-10 01:57
ngl this dip below the 20-day feels like the market's been simmering too long... time to taste test the bottom?
Reply0
ApeShotFirstvip
· 01-10 01:46
Whoa, the 20-day moving average has broken down? Isn't this a classic bottom signal? The historical pattern is right here, everyone prepare for takeoff.
View OriginalReply0
BearWhisperGodvip
· 01-10 01:42
It's that time again to interpret pictures, and we're all tired of hearing the phrase "history repeats itself."
View OriginalReply0
Gm_Gn_Merchantvip
· 01-10 01:42
It's the same 20-day moving average explanation again... I'm getting tired of hearing it, haha.
View OriginalReply0
  • Pin

Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)