Evaluation of BTCUSD price moving from Bull to Bear trend, using the 100d MA as a Support/Resistance indicator since 2012 (using Bitstamp).
i.e. # How long it takes BTCUSD hitting 100d MA moving to Bull # To how long the bull lasts per period, with the conclusion of the bull trend being the price hitting 100d MA and remaining there for more than a day # How long it takes for Bear to swing back to Bull
| Rationale |
This provides an indicator for IF/WHEN & WHERE the price is likely to settle as Support during a bear trend from a long term investing standpoint.
| Prediction Based On Analysis |
Prediction is; current bear trend (Nov 2017) will settle around 5000 USD in ~10-13 days (21/11/17) - Date of writing: 12/11/17
NB: Other TA/Fundamental and Macro analysis should be taken into account - not just this data for investing.