Daan Crypto Trades|Aug 17, 2026 06:57
BTC Technically closed below its Weekly 200MA but as you can see a slight close above or below a weekly level doesn't mean much.
You'd need to see at least a bigger move outside of a moving average like that for several consecutive weeks to consider it broken.
For now, the bull market support band has moved down further and is now at the same level as the Weekly 200EMA.
I personally think we will see volatility kick in soon on the market seeing how much slow sideways action we've seen in crypto.(Daan Crypto Trades)
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