tommix

BTC future looks very boring.

BITSTAMP:BTCUSD   Bitcoin / U.S. Dollar
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As we can all see BTC price stuck between weekly 200MA and 200EMA. Looks like there is no any reason based on charts btc to go above 4200$ in at least next 2-3 months.
Comment: But we should see higher lows, because of 200MA will go higher and higher every week.
Comment: I've noticed that predictions now became very bullish, happy and so on. I heard that story too many times. Until BTC breaks weekly 200EMA - there is absolutely nothing to be bullish about. It must break weekly 200EMA and close above it.
Comment: PS looks like tradingview have issues and doesnt refresh chart.
Comment: Just to remember - weekend data is usually not important. Usually weekend progress is killed in next few working days.
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