Post
Topic
Board Trading Discussion
Re: Is the bear market over? Important Weekly close!
by
semobo
on 16/05/2019, 18:33:26 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?!


Continuation if green candles make us to believe that we are in bull market and we fan find that tremd is going good and it doesn't look like a bull trap so we can trust and invest as soon as possible.