capriole_charles
Long

One Month Returns of the 10th Hash Ribbon Buy

BITMEX:XBTUSD   Bitcoin / US Dollar Perpetual Inverse Swap Contract
Did you buy $BTC?

The Bitcoin Hash Ribbon Buy (indicator released October 2019) was exactly one month ago today.

Let's check in on performance to date:

- Max downdraw: -5%
- Max Returns: +26%

So far, all within the normal historical range.
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Do you suppose there's often an end of year december 17 major low because there are a lot of miners who mine because they're using the machines as space heaters and don't care if the hash rate is even profitable?
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Interesting that it chose to buy very close to december 17 which has often been a major btc yearly turning point
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Great !
Does it say anything of a possibility of continuation ?
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+1 Reply
Great Work. Thankyou.
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@VeeChi, thank you!
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