$BTC

It looks like we are once again moving above the 200 MA on the daily timeframe.

A move below this level could trigger a wave of sell orders (below 63.8k).

I suggest that if we’re heading into a bullish mode, any dips below the 200 MA may just be wicks for now.

Historically, when we’ve moved above and then back below the 200 MA, the results have been significant.