This has been a pretty good buy indicator

in #bitcoin2 months ago

If you buy every time Bitcoin breaks the 200 Weekly Moving Average, you've done very well

While this might not time every exact bottom, it has worked pretty well.

Check it out:

image.png

(Source: https://twitter.com/AurelienOhayon/status/1525475868667219970/photo/1)

My guess is that this will play out like the model back in 2015...

A slow recovery but the lows are mostly in.

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Your post was upvoted and resteemed on @crypto.defrag

This analysis you made of Bitcoin is interesting. At the time of writing, BTC is worth $ 29,517.00

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