InvestingIdeas9

Bitcoin (BTC,XBT) - I'm bullish, give me a reason not to be.

Long
BITFINEX:BTCUSD   Bitcoin / U.S. Dollar
Bitcoin Weekly Chart.

Bitcoin bounced directly off the RED 200day MA, as long as it stays above the WHITE 50day MA I don't have a reason to be bearish .

Comments

ok, I'll give you a reason; there's lots and lots of money to be made from short'ing
+3 Reply
Je_Buurman MichielVan Kets
@MichielVan Kets, hehe good one ;)
+1 Reply
InvestingIdeas9 MichielVan Kets
@MichielVan Kets, hey, I never said it can’t be volatile in the short term, but the weekly chart implies I’m bullish long term.
+1 Reply
InvestingIdeas9 MichielVan Kets
@MichielVan Kets touche lol
+1 Reply
InvestingIdeas9 MichielVan Kets
@MichielVan Kets, how's your short position?
Reply
MichielVan Kets InvestingIdeas9
@InvestingIdeas9, closed by now ... of course !!
Reply
look at what happened aug-sept 2015 ... it went below the trend line !!
Reply
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