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Riester

BTC History of Bull Market Corrections

Bitcoin (BITSTAMP:BTCUSD)  
Riester  
BITSTAMP:BTCUSD   Bitcoin
Trend Lines BTC Cycles Bitcoin (Cryptocurrency) BTCUSD
16
3
trendline btc cycles bitcoin btcusd
Weekly 25/50 EMAs play a strong role in bull market corrections.

Tested as support -> bull market consolidation
Lost as support -> bear market beginning


If BTC reclaim 42000 (green 25 EMA) -> bull market consolidation
If BTC loses 34000 (blue 50 EMA) -> bear market beginning
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