jinbaittai

Bitcoin Moving Averages work

Panjang
INDEX:BTCUSD   Bitcoin
“Nature is pleased with simplicity. And nature is no dummy”
― Isaac Newton

BTCUSD Bitcoin has 3 crossovers on monthly timeframe where the 9 EMA dropped below the 20 EMA and in each case it was a signal that the bottom was near. And 3 other crossovers where the 9 EMA goes back above the 20 EMA and in each case it was a signal that the bull market has started. The other indicator I use is the RSI, basic trend lines seem to work timing the market.

Now the part where I flip the dice. I think BTC top will be between 130-200k and next bottom between 45-60k.
Penafian

Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.