drduru

Bitcoin tests 50DMA support

Long
GEMINI:BTCUSD   Bitcoin
While the stock market sells off, Bitcoin is also selling off albeit less dramatically. Still, the narrative on crypto, especially Bitcoin, has positioned this space as a refuge from financial turmoil. If nearby supports do not hold in this time, the narrative will be seriously called into question!

i largely ignore the explanations offered for Bitcoin's ups and downs and stay focused on the technicals and my Google Trend Momentum Check (GTMC).

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.