ZB Market Research: BTC is back from its 20 week moving average for the first time in this bull market.

ZB Market Research Report: The price of Bitcoin today hovers between $ 45,000 and $ 50,000. Analyzing the details of the outlook, this bull market has retreated for the first time from its 20-week moving average. The last time I gave up it was around $ 10,000 last October. In 2017, the bull market retreated seven times from its 20-week moving average, which was boosted by de facto support. The 20-week average is the average of Zhou Bolling's belt position, and when it fell midway (at least 2K lines should be at the midpoint) the rise was over. Now the 20 week moving average has better support, and even if it comes out this morning it will be quick.