BarclayJames

Bitcoin (BTCUSD / XBTUSD): 200 MA calling

KRAKEN:XBTUSD   XBT / USD
At some point Bitcoin and the 200 MA will get re-acquainted. Soon if price comes down fast, probably overshooting and going under. Or much later in the year if we range sideways.

The only situation where we will not go to the 200 MA in the near-term is if we are in a mania similar to Nov/Dec 2017, in which case the price will probably pump and dump.

I will wait for the correction, wherever it comes, before buying any more Bitcoin .
Comment:
Comment: Mayer Multiple

I just checked: for 89% of its history BTC Mayer Multiple was less than now. This means that for only 11% of its history was the Bitcoin price higher above the 200 daily MA than it is now.
Comment:
Comment: Alts and bitcoin growing anti-correlation
Comment: 200ma red, 500ma orange perhaps pointing to accumulation structure similar to late 2012 and 2015
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