BTC/USD EMA Ribbon weekly

٢٧ سبتمبر ٢٠١٩

Historically, when entering a bull market and breaking above EMA ribbon BTC on a weekly chart, bitcoin tends to consistently grow in price for 2-3 years. This time it might not be the case, if bitcoin drop below $7700. Will the bear trend turn into a bear market? We shall find in the near future.