How to trade bitcoin with pitchfork
*DISCLAIMER*
DO NOT take this video as financial advice! I am not a financial advisor and this video was only made for entertainment purposes. I am not liable for any losses you may incur so always do your own research before making any investment/financial decision.
This information is what was found publicly on the internet
You are all familiar with the similarities between Bitcoin (Digital Gold) and Gold on the long term and on a cycle wide scale.
Similarities that have allowed to accurately price Bitcoin's bottom:
Or still see an early entry on the Golden Cross occurence:
Even spot the parabolic extension from the 0.382 Fibonacci level to the 0.618 peak:
What...
I am going to keep it simple on this one. After all Bitcoin is not a complicated asset, it follows the same patters and cycles again and again (longer term to a greater extent).
So if you are into Fractal Analysis I have something for you that may be of interest. Since the December bottom we have a steady rise. Steady and not aggressive/ parabolic as BTC is still...
The 1D MA50/ MA200 Cross (Golden Cross) is about to take place and you are still wondering how to trade it?
Well the last time that happened in July 2015 following the previous bear cycle's bottom, Bitcoin pulled back by around -35%. Then the price rebounded towards a Death Cross (1D MA200/ MA50) that made it consolidate before a new (and final) Golden Cross that...
