Trends tend to repeat themselves. Not to say that it is a guarantee but a very likely possibility that we will see price hit the 100 day MA and bounce back as shown in the above examples, ESPECIALLY since we haven't seen a dip to that yet ever since the "crash" from 19k USD.
Can you explain a bit? Does that usually indicate a bounce?
In these bubbles you want to buy on the dips when it drops to the 100-day or 200-day moving average.
Trends tend to repeat themselves. Not to say that it is a guarantee but a very likely possibility that we will see price hit the 100 day MA and bounce back as shown in the above examples, ESPECIALLY since we haven't seen a dip to that yet ever since the "crash" from 19k USD.