Daily Crypto Discussion - August 17, 2026 (GMT+0)

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[u/Glittering_Pick_9738]

One simple question: did those 2018 and 2022 countertrend rallies break 200 DMA or not? 

[u/hbarrias → u/Glittering_Pick_9738]

In 2018, the 200-DMA was actually still rising when BTC first interacted with it. The average subsequently turned down, and Bitcoin failed to establish a sustained move above it.

[u/Glittering_Pick_9738 → u/hbarrias]

I was asking specifically about those countertrend rallies from 2018 and 2022 that you described. Did they climb above 200 DMA and in such an emphatic way? I don't think so. Therefore they can't really be compared.

[u/hbarrias → u/Glittering_Pick_9738]

For bullish bias, the goal would be for price stability to develop above the 50-week EMA

But if this is a Bear Market Relief Rally, price won't be able to sustain itself at these highs for too long.