Post #14908

Bitcoin prices consolidated between the 200D-SMA 🔵 and the True Market Mean Price 🟢 until August, marking one of the least volatile periods in Bitcoin history. Following this, a rapid deleveraging event caused prices to drop from $29k to $26k in a single day, falling below both long-term technical price averages. It was the rally in October which really changed the game, recovering through all remaining price models, and breaking through the key psychological $30,000 level. By Crypto Australia