G'day friends, Yesterday we finished the day closing above the 50 week moving average. We needed a second day to hold and close above the 50 week moving average to confirm the bull market. Here we are, its begun in complete defiance of some very bearish indicators. If you go back through all of Bitcoin's history you will see any time we cross the 50 week moving average on a daily candle, with the following day holding that position, we continue in the new direction. (350 day moving average = 50 week moving average). Of course, if we do end up making history by falling back through the 50 week moving average we exit and expect more downside. Nice tight exit strategy if needed. Very exciting time in world history. Glad to be on this journey with you all!
Judd Armstrong
***This info is not a recommendation to buy or sell. It is to be used for educational purposes only. Make logical sound decisions for yourself by risking only what you’re willing to lose. It’s on you. ***
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