I've posted this chart as a Weekly Chart in the past, but for this purpose I changed it to Daily Read...with a 147 (Yellow) EMA which converts a Weekly EMA into a Daily EMA for Daily Chart.
Read the Notations
This chart shows where BTC was in 2016 relative to right now in 2020 ...after the Halving...24 weeks...BTC is currently closing the 24 week post 2020 halving, this Sunday.
Look at your current BTC charts and compare them to the 2016 I have here...
In the 2020 Chart...BTC recently tested the Weekly 21EMA, and now has pumped upward to 13K
Now go back and see how keeping a BUY order in at the Weekly 21 EMA would set you up for every pull-back, correction, BTC had during the 2016-2017 bull run. we can expect a little more juice out of this rally and then a Pull-back to the Weekly 21 EMA.
Be Careful though...OnChain Metrics show 98% of BTC is currently in Profit, when that percent goes above 90-95%, it's time for a pull back...check out GlassNode metrics for that info...
Enjoy and Compare 2016 to present day...
Read the Notations
This chart shows where BTC was in 2016 relative to right now in 2020 ...after the Halving...24 weeks...BTC is currently closing the 24 week post 2020 halving, this Sunday.
Look at your current BTC charts and compare them to the 2016 I have here...
In the 2020 Chart...BTC recently tested the Weekly 21EMA, and now has pumped upward to 13K
Now go back and see how keeping a BUY order in at the Weekly 21 EMA would set you up for every pull-back, correction, BTC had during the 2016-2017 bull run. we can expect a little more juice out of this rally and then a Pull-back to the Weekly 21 EMA.
Be Careful though...OnChain Metrics show 98% of BTC is currently in Profit, when that percent goes above 90-95%, it's time for a pull back...check out GlassNode metrics for that info...
Enjoy and Compare 2016 to present day...