Every time the 20 week SMA (Yellow Line) crossed down over the 100 week SMA (Red Line) it marketed the Bitcoin bottom within a few days. These two averages just crossed so the bottom is either in, or will be in be in soon. Also, Bitcoin has never closed a weekly candle below the 207 week SMA (Orange Line). Lastly everybody is screaming for much lower prices and as we know Bitcoin rarely does what everybody wants.
I'm still adding to may Bitcoin bags below $21K as this seems to be a historical area to do so.
Good luck!
BBS Out.
I'm still adding to may Bitcoin bags below $21K as this seems to be a historical area to do so.
Good luck!
BBS Out.