CryptoCoinSpec

Still need a little more to get closer to a trend change

COINBASE:BTCUSD   Bitcoin
I'd discussed last time that there were a few hoops BTC needed to jump through before the current down trend could possibly change.

One of those was the need to move and stay above the 50-day moving average. As of right now, BTC is now trading above this marker. It now needs to close above and continue stay above if it wants any real shot of changing course.

Thanks for reading and the support!

A LIKE and FOLLOW is always appreciated!

Best of Luck!!

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.