In a previous post I said I expected a return to the moving averages and well here we are. I would be long off of the hit of any of the 3 moving averages above.
Moving averages form an important part of the backbone of determining the trend and trading these moving averages in bull markets has been pretty profitable in bitcoin historically, my bet is we stay above the 100ma no problem.
In a bull market, dips are made for buying. I’m btfd.
Adios and good luck amigos :)
-YoungShkreli
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if we are going to pull back i am expecting it in the near future. will close my longs then until then still bullish