A observation of convergence

Over the next 15-18 months, where does Bitcoin converge with its 200 week moving average?

How much does Bitcoin decline or how much does the mean ‘roll’ higher?

Probability suggests Bitcoin consolidates and digests itself lower than where it is today.

p.s. those notations serve as as a guide of the percentage Bitcoin was/is trading above its 200 week moving average.

October 18, 2021

by Rob Zdravevski

rob@karriasset.com.au