In the last bull run #bitcoin had multiple pullbacks of 30-40% to test the 200 day moving average. Selling your coin now on a pullback is like selling on the red circle on this chart. Insane gains are coming, don't get shaken out.
In the last bull run #bitcoin had multiple pullbacks of 30-40% to test the 200 day moving average. Selling your coin now on a pullback is like selling on the red circle on this chart. Insane gains are coming, don't get shaken out. (x-post from /r/Cryptocurrency)
08-02 18:26 - 'Thanks. I realized all along the math doesn't change as far as how many days have been above the current price, but I still think the log chart is a bit misleading to people used to linear charts. / How did you make the chart?...' by /u/SlightPeak removed from /r/Bitcoin within 0-7min
''' Thanks. I realized all along the math doesn't change as far as how many days have been above the current price, but I still think the log chart is a bit misleading to people used to linear charts. How did you make the chart? Edit: I think it's fine to exclude the early stuff. Certainly some people were here early on, but I would say most people on this sub didn't start investing until it was 1000+. ''' Context Link Go1dfish undelete link unreddit undelete link Author: SlightPeak
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Bitcoin price bounced off the 20-day moving average and closed above it after a short dip. Since mid-March, BTC has been establishing higher lows on a daily chart, showing a steady recovery and decreasing trading volume after dumping at over 50%. Read more in Today's Market Watch:
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