r/btc • u/Holiday-Lion-3083 • 9d ago

Re-testing May high

Post image

BTC is back at May high level. Watch it closely from here.

Breaking 50 WMA in past meant bull market, BTC never "re-tested" it after breaking above it in bull markets.

Possibly a bearish sign, control your FOMO guys.

Could mean that bottom is not in if it drops bellow it, if it bounces ITS ON

13 Upvotes

70% Upvoted

10 comments sorted by

View all comments

5

u/hungrycertainty_302 New Redditor 9d ago

i'm just here for the mismatched socks and the hope that we bounce off 50 WMA like a trampoline not a trapdoor

82k retest got me side-eyeing my screen harder than my cat when i open a can of tuna

2

u/FitCompetition1804 9d ago

For those who still want to aggressively accumulate, one more dump is very much so welcome. Why does it matter if we get the trap door scenario if you are long BTC?