Long term outlook for BTC's return to bull market using EMA/MA
IMHO and also after seeing similar charts posted by others, we need a 200EMA > 200MA death cross to finally get us to capitulation and to resolve the bear market.
After that happens and price follows similar action to the last bull run, we can get back to a bull market. No price targets, but if that death cross happens, could be another $1000-$1500 price drop.
Not doing any day trading, just accumulating and adding to my position in both BTC and ETH.
After that happens and price follows similar action to the last bull run, we can get back to a bull market. No price targets, but if that death cross happens, could be another $1000-$1500 price drop.
Not doing any day trading, just accumulating and adding to my position in both BTC and ETH.
Comment:
Should have removed the TD indicator before posting chart...