Post
Topic
Board Trading Discussion
Re: Is the bear market over? Important Weekly close!
by
Mrengage
on 06/05/2019, 12:16:42 UTC
Last few weeks have been quite bullish for BTC.
As of 6 April BTC had a Weekly close above 50 MA, which is a very significant level for BTC.



As seen in history in the last bear market once BTC has gained 50 W MA the bull run has started. Should the history repeat itself?!


Yes I believe the bear is over and as the week goes by market is no longer complicated traders are bagging to what they want and this year should turn up good. The chart is quit presentable.