I cannot tell what you are talking about when you refer to MA.. are you talking about the weekly MA? The 200 Weekly Moving average is currently at about $20,700, so if you are suggesting that the BTC price is either approaching the 200 WMA or had already tested it, then you seem to be quite far off of that. Sure, on January 24, the BTC price did spike down to $32,951, but on January 24, the 200 Week MA was at $19,253...
Correct, I meant 50 MA. The theory I was talking about:
O.k. so what would you be proclaiming the significance of the 50 week moving average currently?
The 50 WMA is frequently visited with corrections. Currently it is around $46k, and it has been ranging between about $45k and $46k in the past four months.
Are you changing your mind about your earlier assertion that we need to go down to the 200-WMA before being able to go up? Are you suggesting that our 1-day-ish about the 50-WMA has some kind of short term significance or that such 50-wMA is still being tested?
It would be helpful if you were more clear about you are saying and whether you have changed your position from your earlier assertions... I am not even asserting that any of us should be stuck with our predictions of the past, but your predictions of the past stand out because they were so outrageous and you had a pretty bad way of presenting them in a kind of whiny way.. and making the whole matter personal... as if you were being personally attacked because some members (including yours truly) wanted you to clarify what you were saying.. and surely you have both wiffle-waffling and lack of clarity in your predictions and you also become adamant about them, which causes such predictions to come off as even more nonsensical.. if not trollish..
If you had not noticed, some of the hostility towards dumb-ass vague bearish predictions, does not come because the predictions are bearish, but instead because they bearish predictions frequently are vague, waffling and seem to be just proclaiming wishes rather than being backed up.. which seems to characterize a lot of your earlier assertions.. so why should any of us consider that you have changed your ways to become a more fact-based rather than an overly emotional and wish-based predictor?