bodeen88

Bitcoin at 50D Moving Average

Short
BITSTAMP:BTCUSD   Bitcoin
Bitcoin price is at the 50 day simple moving average. This is a tipping point. It has yet to fall below this critical indicator the entire length of the latest rally. If it closes 1 day below the average, it could mean the end of this recent bull cycle. However, it could still bounce from it and continue higher. Trade wisely.

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