easonjm11

BTC - first positive month after bottoming

Long
BITSTAMP:BTCUSD   Bitcoin
BTC has formed its first positive month since July 2018. This is a strong signal for a bottom on the long term. Judging by the fractal patterns of 2015, we can assume BTC will trade sideways for awhile until the next run up in the market. We had a strong bounce off of the weekly 200 MA, which in the grand scheme of things is really healthy to test and re-test. This is the perfect time to accumulate as BTC may not ever be this low again.
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