BTC – WHEN BULL MARKET ??

Bitcoin all time history index INDEX:BTCUSD

SocratesJnr

Using RSI and Price action to determine when a Bull Market is confirmed.
The green circle is the point of breakout.
The Red circle represents rejection.

A bottom has normally been defined as when the price touches 200ma
This currenty is at $21587

BTC rejected and is currently below the 50ma which marks a bear market.

When PRICE and RSI breakout of declining trend, the bull market is born again.

Hope this helps!

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