Crypto analyst Nicholas Merten is warning that Bitcoin (BTC) is inches away from a “breaking point” which could cause a major capitulation event. In a new video update, Merten tells his 511,000 YouTube subscribers that what has historically been a “buy-the-dip” support level for Bitcoin is now disintegrating. “The fact that we are well suspended and not even coming up to retest those 200-days (moving average), as well as the 200-week , is a big worrying sign here. And when we just zoom out here you can start to see what I mean here as the 200-week usually wasGo to Source
Author: NixCoin