Bitcoin Moving Averages
The 10MA and 50MA are currently at a bearish dead cross.
The Bollinger Basis line is 20MA and price is below all these Moving Averages which is still bearish.
If the daily closes above $14800 and price stays above these moving averages we are back in bullish territory again.
In last years Bullrun the 50MA was often a Support during market crashes and Bitcoin was almost always above the 10MA which was extremely bullish.
The Bollinger Basis line is 20MA and price is below all these Moving Averages which is still bearish.
If the daily closes above $14800 and price stays above these moving averages we are back in bullish territory again.
In last years Bullrun the 50MA was often a Support during market crashes and Bitcoin was almost always above the 10MA which was extremely bullish.
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