BitcoinLong
BTCUSD
Imo this second death cross is positive for Bitcoin.
But if people don't understand math is useless to explain how works moving average.
In short term: if the 50ma falls fast and no longer approaches the slow one, then it is a confirmed bear market, if the 50ma is close to the slow one, then it is close to a bullish move.
But basing everything on a single cross is useless, the situation can change.
For me, now nothing is changed.
February will tell us.
But if people don't understand math is useless to explain how works moving average.
In short term: if the 50ma falls fast and no longer approaches the slow one, then it is a confirmed bear market, if the 50ma is close to the slow one, then it is close to a bullish move.
But basing everything on a single cross is useless, the situation can change.
For me, now nothing is changed.
February will tell us.
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Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.