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Bitcoin Weekly Made Easy (Bulls Vs Bears)

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Here is the weekly chart for Bitcoin. Right now it is all about the orange line (EMA200) and black line (MA200)... With these indicators you can have a longer term perspective of what is happening and can also avoid panic: 快照

  • (1) For Bitcoin to continue down/bearish it needs to break and close below the black line.

  • (2) For Bitcoin to go bullish it needs to break with good volume and momentum the orange line and close above it.

  • (3) This is Bitcoin Made Easy!


Support levels: 快照

Thanks a lot for reading.

Namaste.
註釋
Thanks a lot for the support, highly appreciated.
註釋
Bitcoin (BTCUSD) Price Action Update (4H Time Frame) + XBT LONG Trade:
Bitcoin (BTCUSD) Support Found? Price Action (11-Jan)
註釋
MACD bullish crossover on the weekly and histogram turning in favor of the bulls.

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