Bitcoin bounced at the weekly MA Ribbon Long

Bitcoin / U.S. dollarBitstamp

Description

⋅ Dec 4, 2021 11:53 AM

Bitcoin bounced at the weekly MA Ribbon.

That was a great support since this MA Ribbon flipped green after the Corona Crash last year 😎

Drop me a nice comment if you'd like me to analyze any other cryptocurrency or do another comparison.

*no financial advice
do your own research before investing

Comments

Tradersweekly

⋅ Dec 4, 2021 6:30 PM

I continue to be bearish.

Crypto4Everybody

⋅ Dec 5, 2021 6:58 AM

@Tradersweekly, of course you can - are you totally against crypto and Bitcoin?

Tradersweekly

⋅ Dec 5, 2021 10:03 AM

@Crypto4Everybody, Not totally. I posted long ideas before top was reached. Though I was sceptical about second top already. Overall I think cryptocurrencies have no utility besides being speculative asset.