Ok, so the 200 Week MA resistance officially broken. Till today this is the best news in this year. Its a really strong bull run.
Discussion
Wait for the close man
Which one 4h, 1d, 1w, 1m, 1y,etc.? You can always see confirmation on multiple timescales, but I just chose the 1h scale, which I know it can have more fake signals than a higher one, but still shows that a few hours before the 200 Week MA stopped the price rise, but after a few hours it broke. There is a quite big possibility that it goes further.
Weekly close ofcourse and it failed after the Luna sec news
Bitcoin price is not moving by shitcoin news. It was just a fake 1h outbreak signal. Will see if this will be a long term rejection or a short term one. Weekly signals are way better choice, but for average traders are too late.