BTC – it is obvious the market turned into bullish

BITSTAMP:BTCUSD   Bitcoin / U.S. Dollar
Hi Traders!

This time we applied less known indicator called ZLEMA = Zero Lag EMA.

This indicator was invented by the John Ehlers and Ric Way.

Their goal was to eliminate the inherent lag in all trend following indicators which average the price over time.

They succeeded.

This time we applied it to BTC long-term chart with a 3D interval.

Take a look back at 2015 when finally signs of bull run appeared.

The price chart crossed ZLEMA and there was no turning back till the bearish market came.

During the whole correction, the price chart remained under ZLEMA.

After the last bounce up we can clearly see we are over ZLEMA.

The bullish market has started.

Of course, it doesn’t mean we will reach $25 000 in one quarter.

If we take into account the speed of the last bullish trend we should get to $30 000 in around 1,5 year.

This is a realistic scenario but it is also good.

To earn money on other alts we have to convince market players that the bull market had just started.

Are you in?

Drop us a line in the comment section.

Thank you for reading.

Massive Hugs!
WBM Team

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