Why Bitcoin (BTC) Could Be Repeating 2013 And 2014 At The Same Time

2018-7-4 18:00

Last week was critical for Bitcoin (BTC) because it could have closed below the 21 EMA for the first time since 2016. This would also have invalidated a 2013 styled bullish view and pushed Bitcoin (BTC) into a bear market for a long time.

However, fortunately for Bitcoin (BTC) none of that happened as the price bounced off the 21 EM and closed a monthly candle above it, affirming a bullish view. So, far Bitcoin (BTC) seems to be repeating a 2013 styled price action which is a 2 years bull run, comprising of two segments.

Continue reading Why Bitcoin (BTC) Could Be Repeating 2013 And 2014 At The Same Time at Crypto Daily™.

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Источник: cryptodaily.co.uk

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