centuo

BTC bouncing from the 50 monthly MA

Long
centuo Updated   
BITSTAMP:BTCUSD   Bitcoin
BTC is one more time bouncing from the 50 monthly MA (yellow MA) after a few months. Still in bullish territory. The BTC monthly price action might continue going up from here as in previous BTC cycles. Also, the monthly RSI is about to cross bullish (two RSI MA - yellow RSI line crossing above the purple line - in a few weeks).
Comment:
I mean, the purple RSI line stays above the yellow RSI line.

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