Community post
Bitcoin Weekly Bullish Close
The week closed out with a bullish trend for Bitcoin. We rocketed off of the daily inverted head and shoulder just over a week ago. We broke out of the weekly down trending channel. Now we closed this week with a bullish MACD cross, RSI, and a 15 MA - 20 MA bullish cross. The chart below shows a simple trend that has worked well recently. Remain long as the 15 MA (red line) stays above the 20 MA (purple line). Ride the wave!
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