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Bitcoin

Long-Term Moving Average Breakout

Oleh UnknownUnicorn1513138
Diupdate
This MA channel seems to have tracked BTC well historically. Breakout likely signals overbought, but buying pressure & media coverage is fairly high currently. Additionally, recent parabolic trend is far healthier than past spikes as I've discussed previously. Remain neutral short to mid term.
Catatan
This is obviously not a novel insight, just something I am actively tracking
Catatan
Okay... we are clearly well out of the channel now. Frenzy is intensifying & parabolic trend is speeding up
Chart PatternsTechnical IndicatorsTrend Analysis
UnknownUnicorn1513138

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