$BTC Tests 50WMA - Line in the Sand for Bulls

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$BTC Tests 50WMA - Line in the Sand for BullsBitcoin all time history indexINDEX:BTCUSDjonniekingIt’s only Tuesday, everyone RELAX. Still a long way from a Weekly Close below the 50WMA for BTC RSI is at the Liberation Day lows, and you know what happened after that. Note: this is the shallowest pullback to the 50WMA all cycle for bitcoin, which is in-line with late cycle behavior. In other words, this correction won’t take as long either. We could see a Weekly Close below the 50WMA to shake everyone out, then have a bullish engulfing the following week to send us to the long awaited promise land we call VALHALLA. In the small chance bulls cannot recover from this, below is a link to my 50WMA analysis that I put out back in February before everyone ran with my work. Stay vigilant folks.