Bitcoin Moving Averages work
“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.
― 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.
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