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

Bitcoin / DollarBitfinex

Description

⋅ May 15, 2019 1:20 AM

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.

Trade closed: target reached

⋅ Apr 12, 2022 4:45 AM

take profits whenever you want at this point

Comments

MichielVan_Kets

⋅ May 15, 2019 1:24 AM

ok, I'll give you a reason; there's lots and lots of money to be made from short'ing

Je_Buurman

⋅ May 15, 2019 3:07 AM

@MichielVan Kets, hehe good one ;)

InvestingIdeas9

⋅ May 15, 2019 3:44 AM

@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.

InvestingIdeas9

⋅ Nov 14, 2019 9:39 PM

@MichielVan Kets touche lol

InvestingIdeas9

⋅ Dec 28, 2020 4:43 AM

@MichielVan Kets, how's your short position?

MichielVan_Kets

⋅ Dec 28, 2020 9:19 AM

@InvestingIdeas9, closed by now ... of course !!

InvestingIdeas9

⋅ Apr 12, 2022 4:45 AM

@MichielVan_Kets, checkmate

MichielVan_Kets

⋅ May 15, 2019 3:25 AM

look at what happened aug-sept 2015 ... it went below the trend line !!