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ama8999
Feb 22, 2022 9:44 AM

BTC Bubbles Bottom Below the 20 Months Moving Average Short

Bitcoin / U.S. dollarBitstamp

Description

Bitcoin monthly chart.

Every time BTC went in bubble territory (see RSI) it topped and it didn't find a bottom until it breached the 20 months moving average and reached a level approximately 50% below it.

I'm excluding March 2020 flash crash (the DSS also suggests that was a special occurrence)

Trade closed manually

Comments
nyhksz22
Nice chart
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