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BTC Bullrun 2017/18 EMA ribbon

Bitcoin (BITSTAMP:BTCUSD)  
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BITSTAMP:BTCUSD   Bitcoin
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Hello
In 2017/18 BR we any time we had a dip correction we got always supported by 50D EMA and bounced up till we missed this important support and break down close to 200D EMA and get supported.

In actual BR we arrived at this crytical point of break down under 50D EMA, there is risking to’ testing the 200D EMA at around 40k

I hope its not happen, I’m still bullish on Bitcoin but it’s better be ready for any bad scenarious

-Goodluck

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