Bitcoin Forum

Economy => Speculation => Topic started by: Bitget Future on December 31, 2019, 06:32:11 AM



Title: One BTC price is in a perpetual bull market??
Post by: Bitget Future on December 31, 2019, 06:32:11 AM
BTC/USD has dipped significantly several times since September. The pair?s rapid rise and fall triggered predictable warnings from critics and concerns from traders.

Bitcoin?s 200-week moving average (200WMA) has never gone down.Market displaying ?bullish reaccumulation?.
If that's true,maybe I can supplement the risk of falling prices through contract trading.  :)

https://s3.cointelegraph.com/storage/uploads/view/ffbf86b7cb5d87991fc8a226b7129a3f.png
Bitcoin price versus Bitcoin price 200WMA. Source: PlanB, Twitter