Bitcoins hidden sentiment

22 בדצמ׳ 2019

Sometimes the best long positions come in times of little hope. The first death cross we had back in 2018 we were met with different circumstances, but even as we plummeted bitcoin was able to form a bottom and carry back up 50% to reach the 200 MA. Here this year we had a massive rip on the day of the death cross. Yet here we have formed a potential bottom in the price action, well below the 50 MA and plenty of room to move back into the 9k's and retest that 200 MA again. Even now I still stand by my previous prediction, may this New Year bring us new prosperity. Happy trading