BTC back to bullish?

in #bitcoin8 years ago

Everyone wants to see bitcoin move back to a bull like market so we can get some gains in profits. The question is not if it will turn bullish, its when. 

Here is Bitcoins current chart.


For bitcoin to turn bullish I'd like to see a number of things happen. 

First off, I'd like to see Bitcoin break its resistance line. If it can do that, we should see huge gains by Bitcoin, and thus other crypto currencies. 


Second I'd like to see it break the 50 MA (the red circle). This will show us the short term trend is done, and we should see a switch over to a bullish run. 



Thanks. 




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