The BMSB Trading Strategy is a robust and dynamic approach designed for the Forex and cryptocurrency markets. This strategy utilizes the Bull Market Support Band (BMSB), a unique blend of a 20-period Simple Moving Average (SMA) and a 21-period Exponential Moving Average (EMA). The BMSB serves as a powerful indicator to identify market trends and potential reversal...
Bitcoin has been in a downtrend since November 2021... Has the Bull Run resumed? My thoughts below: Bitcoin has faced immense selling pressure since the tail end of 2021. This selling pressure seems to have been exhausted as bulls work to retake the Bull Market Support Band and flip it to support. If Bitcoin can turn the BMSB into support, it will serve as a...
A bloody day for Bitcoin. It looks like we didnt hold the BMSB (bullmarket support band). We should at least weekly close ABOVE the 50MA. Very important!!