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UnknownUnicorn1513138

Long-Term Moving Average Breakout

Bitcoin (BITSTAMP:BTCUSD)  
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BITSTAMP:BTCUSD   Bitcoin
Trend Analysis Technical Indicators Chart Patterns
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trendanalysis indicator chartpattern
This MA channel seems to have tracked BTC well historically. Breakout likely signals overbought, but buying pressure & media coverage is fairly high currently. Additionally, recent parabolic trend is far healthier than past spikes as I've discussed previously. Remain neutral short to mid term.
Komen:
This is obviously not a novel insight, just something I am actively tracking
Komen:
Okay... we are clearly well out of the channel now. Frenzy is intensifying & parabolic trend is speeding up
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