Investor ALERT- We've Lost the 200 Day Moving Average - Crypto Consulting Institute
bitcoin
Bitcoin (BTC) 4,679,669.62
ethereum
Ethereum (ETH) 246,107.56
tether
Tether (USDT) 70.07
bnb
BNB (BNB) 41,642.56
solana
Solana (SOL) 11,861.58
staked-ether
Lido Staked Ether (STETH) 245,997.66
usd-coin
USDC (USDC) 69.97
xrp
XRP (XRP) 40.03
the-open-network
Toncoin (TON) 511.00
dogecoin
Dogecoin (DOGE) 8.81

Investor ALERT- We've Lost the 200 Day Moving Average

Attention, fellow investors! 📈

Today, we’re diving deep into the heart of Bitcoin’s technical landscape, and I’m here to share some critical insights that could shape our strategy in 2023. It all revolves around that golden indicator – the 200-day moving average.

Now, take a look at your charts. What do you see? That bright yellow line, ladies and gentlemen, is the 200-day moving average, and it’s more important than you might think. When Bitcoin is below this line, it tends to head south, and when it’s above, the sky’s the limit. So, what exactly is this 200-day moving average, you ask?

Imagine it as the heartbeat of the crypto market. This line represents the average of 200 days’ worth of price action, combining all those red and green candles you’ve been closely watching. What’s fascinating is how often prices gravitate towards it, either to springboard higher or to take a tumble. It’s like a magnet for price action.

So, let’s focus on the current scenario. Where do we stand today? Unfortunately, we’ve slipped beneath that all-important line. In a recent downturn, we sliced right through it at $27,300, tumbling down to $24,700. Now, we’re not only below it; we’ve also tested it as resistance instead of support. It’s like bumping into a glass wall and falling back.

But hold on, fellow investors, this isn’t the apocalypse. If we look back in history, especially in the context of Bitcoin’s halving cycles, we find ourselves at a familiar juncture. Cast your minds back to 2019, when we broke above the 200-day moving average. We soared to a yearly high of $13,000 to $14,000. That was a powerful move. Then, we came back down and punched right through it again – sounds familiar, right?

Another déjà vu moment was in 2020, around this point. A slow grind, sideways movement, uncertainty leading up to the halving – it was a bit of a rollercoaster, just like what we’re experiencing now. When we punched through back then, we spent about 170 to 180 days above it. And now? Well, we’ve been cruising above it for roughly 200 days.

If history decides to rhyme, which it often does, we might spend another 130 days or more below this crucial level. But remember, when we’re below it, brace for lower prices. Yet, when we’re riding above it, our confidence soars, and the potential for higher prices becomes much more enticing. The 200-day moving average serves as a rock-solid anchor point for both the bullish and bearish outlooks.

So, fellow investors, here’s the takeaway – keep a vigilant eye on that 200-day moving average. It’s your guiding star, your North Star in the world of crypto. It’s a make-or-break point that could determine our fortunes in this dynamic market. Stay sharp, stay informed, and let’s navigate these crypto waters with confidence. 💰🚀 #CryptoInsights #InvestmentStrategy

bitcoin
Bitcoin (BTC) $ 66,869.92
ethereum
Ethereum (ETH) $ 3,516.74
tether
Tether (USDT) $ 1.00
bnb
BNB (BNB) $ 595.05
solana
Solana (SOL) $ 169.50
staked-ether
Lido Staked Ether (STETH) $ 3,515.17
usd-coin
USDC (USDC) $ 0.999851
xrp
XRP (XRP) $ 0.571951
the-open-network
Toncoin (TON) $ 7.30
dogecoin
Dogecoin (DOGE) $ 0.125905

3 Reasons Why EVERY Crypto Investor Should Consider NFTs

What To Look and Look Out For in NFT Projects

Let's work together to achieve your goals.

I am Joe, CEO and Founder of Crypto Consulting Institute, Australia's top-rated crypto education company. With my passion for finance and years of stock market experience, I have helped thousands of investors transition to sophisticated investors using my proven 5 Pillar Investment System. Our team has created over $55 million in profits to date, and we continue to grow.

My alternative thinking and education in cryptocurrencies since 2014 allowed me to quit my day job and follow my passion of investing and helping others achieve financial freedom. With my success, I have been featured on NASDAQ, Channel Ten, Channel Nine, and Dollars With Sense TV, as well as speaking at global events such as Barclays Bank in London and the Bitcoin and Blockchain Fair.

Recently, I was headhunted by Tradesmith, a US-based investment technology company tracking over $30 billion in clients' invested capital. I now help traditional investors safely invest in the digital asset economy. My success and expertise in the industry speak for themselves, and I am dedicated to continuing to help others achieve their financial goals.

Hear What Our Clients Are Saying

Zero knowledge of cryptocurrencies? This man became a millionaire. Anything is possible with the right education in place!

Mark went from having zero knowledge of cryptocurrencies to turning $150k into $3Million in 4 months, whilst recovering from an illness!

The bank wouldn't give him a home loan even though he was working 2 jobs! Until CCI entered, and give the right strategy.

Adrian hits his first $1M in crypto within 3 months of working with us!

Well 10 days after we shot this, he hit his second million. And now just 16 months later, he has surpassed $15 MILLION USD!

For most people, this level of returns are unfathomable.

We simply gave him the tools and crypto strategies and Adrian ran with it!

I am not suggesting that all of our clients are performing on this level.

CCI simply demonstrating that we are incredible at helping people achieve their full potential.

Age doesn't MATTER! - A 72 Year Old Crushes It In Crypto

Some people think crypto is too ‘difficult’…

Well Peter completely dismissed that though and transitioned a large holding of his stock portfolio to gain exposure to this revolutionary asset class.

In this video Peter outlines how his portfolio exploded!

Prior crypto trends have exploded 1,785%, 2,846% and 8,800%... This opportunity is not to be missed!

Be at the forefront of these explosive trends with insights from a crypto team with over 40+ years combined experience!

Let's work together to achieve your goals.

I am Joe, CEO and Founder of Crypto Consulting Institute, Australia's top-rated crypto education company. With my passion for finance and years of stock market experience, I have helped thousands of investors transition to sophisticated investors using my proven 5 Pillar Investment System. Our team has created over $55 million in profits to date, and we continue to grow.

My alternative thinking and education in cryptocurrencies since 2014 allowed me to quit my day job and follow my passion of investing and helping others achieve financial freedom. With my success, I have been featured on NASDAQ, Channel Ten, Channel Nine, and Dollars With Sense TV, as well as speaking at global events such as Barclays Bank in London and the Bitcoin and Blockchain Fair.

Recently, I was headhunted by Tradesmith, a US-based investment technology company tracking over $30 billion in clients' invested capital. I now help traditional investors safely invest in the digital asset economy. My success and expertise in the industry speak for themselves, and I am dedicated to continuing to help others achieve their financial goals.

Hear What Our Clients Are Saying

Zero knowledge of cryptocurrencies? This man became a millionaire. Anything is possible with the right education in place!

Mark went from having zero knowledge of cryptocurrencies to turning $150k into $3Million in 4 months, whilst recovering from an illness!

The bank wouldn't give him a home loan even though he was working 2 jobs! Until CCI entered, and give the right strategy.

Adrian hits his first $1M in crypto within 3 months of working with us!

Well 10 days after we shot this, he hit his second million. And now just 16 months later, he has surpassed $15 MILLION USD!

For most people, this level of returns are unfathomable.

We simply gave him the tools and crypto strategies and Adrian ran with it!

I am not suggesting that all of our clients are performing on this level.

CCI simply demonstrating that we are incredible at helping people achieve their full potential.

Age doesn't MATTER! - A 72 Year Old Crushes It In Crypto

Some people think crypto is too ‘difficult’…

Well Peter completely dismissed that though and transitioned a large holding of his stock portfolio to gain exposure to this revolutionary asset class.

In this video Peter outlines how his portfolio exploded!

The Proven System for Safely Creating Wealth In Cryptocurrencies, With 3 Simple Tips

How to create wealth in cryptocurrencies without complex and overwhelming strategies, spending endless hours in the market, needing to listen to industry ‘experts’ and wasting your hard earned money in failing ‘opportunities’ and scams.

Let's work together to achieve your goals.

I am Joe, CEO and Founder of Crypto Consulting Institute, Australia's top-rated crypto education company. With my passion for finance and years of stock market experience, I have helped thousands of investors transition to sophisticated investors using my proven 5 Pillar Investment System. Our team has created over $55 million in profits to date, and we continue to grow.

My alternative thinking and education in cryptocurrencies since 2014 allowed me to quit my day job and follow my passion of investing and helping others achieve financial freedom. With my success, I have been featured on NASDAQ, Channel Ten, Channel Nine, and Dollars With Sense TV, as well as speaking at global events such as Barclays Bank in London and the Bitcoin and Blockchain Fair.

Recently, I was headhunted by Tradesmith, a US-based investment technology company tracking over $30 billion in clients' invested capital. I now help traditional investors safely invest in the digital asset economy. My success and expertise in the industry speak for themselves, and I am dedicated to continuing to help others achieve their financial goals.

Hear What Our Clients Are Saying

Zero knowledge of cryptocurrencies? This man became a millionaire. Anything is possible with the right education in place!

Mark went from having zero knowledge of cryptocurrencies to turning $150k into $3Million in 4 months, whilst recovering from an illness!

The bank wouldn't give him a home loan even though he was working 2 jobs! Until CCI entered, and give the right strategy.

Adrian hits his first $1M in crypto within 3 months of working with us!

Well 10 days after we shot this, he hit his second million. And now just 16 months later, he has surpassed $15 MILLION USD!

For most people, this level of returns are unfathomable.

We simply gave him the tools and crypto strategies and Adrian ran with it!

I am not suggesting that all of our clients are performing on this level.

CCI simply demonstrating that we are incredible at helping people achieve their full potential.

Age doesn't MATTER! - A 72 Year Old Crushes It In Crypto

Some people think crypto is too ‘difficult’…

Well Peter completely dismissed that though and transitioned a large holding of his stock portfolio to gain exposure to this revolutionary asset class.

In this video Peter outlines how his portfolio exploded!