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.
Is the MA Simple or Exponential MA? I like to try it on other pairs tooAs of 6 April BTC had a Weekly close above 50 MA, which is a very significant level for BTC.
Yes, certainly the bull run most of us went into prayers for is finally here. I know some weak hands are selling off in panic thinking a bubble is likely at this time. Well, we are likely to have corrections from time time but not a dip like we had again. It's now moon time.
You can see it on top left its MA (Simple moving average).
I wasan`t expecting such a big move from BTC, it really is parabolic at this point and I am affraid that we might see a big pullback.