ChartArt

Next 12 weeks decide the fate of Bitcoin for a very long time

BITSTAMP:BTCUSD   Bitcoin / U.S. Dollar
Bitcoin is soon at the cross roads . Either it reverses the trend during the next 3 months, which could lead to a very strong uptrend, or it simply continues the current long-term trend direction, which is the well known downtrend.since the bubble peaked in early 2014. I'm taking a wait and see approach until I have an idea if the bulls or bears are winning this crucial battleground.

P.S. On my chart is my new indicator: "Moving Average Cross Alert, Multi-Timeframe (MTF)", which works best on weekly charts with default settings. (You can get it here:
https://www.tradingview.com/script/bcWGv...)

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