Hard test for Bitcoin

  • Post author:
  • Post category:Cryptos

BTC/USD is making a fairly dramatic test of the 50 and 200 day moving averages

Thus far the test sees the Bitcoin price intact, technically. Just avert eyes from daily RSI and MACD (and instead train them on a weekly chart for a somewhat more pleasant view).


For “best of breed” top down analysis of all major markets, subscribe to NFTRH Premium, which includes an in-depth weekly market report, detailed market updates and NFTRH+ dynamic updates and chart/trade setup ideas. Subscribe by PayPal or credit card using a button on the right sidebar (if using a mobile device you may need to scroll down). Keep up to date with actionable public content at NFTRH.com by using the email form on the right sidebar. Follow via Twitter @NFTRHgt.