200 Week Moving average buy in

Bitcoin / U.S. dollar BITSTAMP:BTCUSD

YellowRaincoat

You will probably never get a more certain buy in range when buying below or on, the 200 week moving average. Since it started tracking in June 2015 its been a great indicator of a correction or bearmarket bottom. I will wait and see if the current draw down reaches the 200 week MA this year before building positions.

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