
Daan Crypto Trades|Apr 07, 2025 15:51
BTC Trading below its Bull Market Support band for the past few weeks.
It has attempted to get back above it a few times but has rejected for the time being.
This is a good metric to gauge high timeframe market momentum.
So far this cycle, price has traded below it shortly for a few times (2023 & 2024) but never traded away from it for much more than ~20%. Bulls would want to get this back in that region.
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