Bitcoin

$BTC #Bitcoin Quarterly Moving Averages

71
Unfortunately, despite what I would personally love to believe and what you might believe, we are still very much in a bear market. You can see in this chart that in any bull market, we remained above the 720 Day MA. As of now we have not been able to get back above it. The positive note here is that the lower timeframe MA's have all begun to cross upward, to hopefully move back above the 720D, but until price and the lower timeframe MA's move above it, we will not be in a true bull market and can expect a revisit of the lows. IMO

NFA
DYOR

#AirCoin
Note
This chart has held up very nicely over time. It shows exactly what the best times would have been to get in. As long as everything stays at their correct levels and postures, price looks bullish to me!

Clause de non-responsabilité

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