Bitcoin Moving Average for 50 day and 200 Day
This chart is posing the question, " Will the Moving Average(MA) crossover occurr in the next two weeks or so or just Bounce off the 200 day moving average."
From my reading of the charts the pattern is similar to the 2009-2013 cycle and not at all like the same period leading into the cycle peak of the 2013-2017 cycle.
As can be seen , there were two peaks in 2013 , early May and Nov/Dec of 2013.
If this pattern repeats 2013-2017 we are hopefully looking at an other upswing and completion of Satoshis cycle design for each period of deminishing returns.
From my reading of the charts the pattern is similar to the 2009-2013 cycle and not at all like the same period leading into the cycle peak of the 2013-2017 cycle.
As can be seen , there were two peaks in 2013 , early May and Nov/Dec of 2013.
If this pattern repeats 2013-2017 we are hopefully looking at an other upswing and completion of Satoshis cycle design for each period of deminishing returns.
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