BTC/USD, ETH/BTC, ETH/USD, Technical Outlook, Edition #164 (22/12/2021)
Bitcoin defends key support - will Bears receive a sack of coal this Christmas? 😬 Read on for the latest crypto update covering Bitcoin, Ethereum and Altcoins 👇
Bulls hope for further upside, Risk of downside remains at large
HODLers might breathe a heavy sigh of relief.
This apparent respite for Bitcoin follows the successful defence against a weekly close below the moving average indicator (MA 50) - refer to the illustration below.
Bitcoin, BTC/USD - Weekly (W1)
However, Q notes we aren't out of the woods just yet...
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