RE: When to Buy in New Era of Cryptocurrency Regulation

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When to Buy in New Era of Cryptocurrency Regulation

in bitcoin •  7 years ago 

What's your opinion of the price with the 50-day moving average sitting high above the 200-day and starting to turn down?

I know the MA is a lagging indicator, but do you see the mid to long-term price direction not turning around until the 50 MA gets within a more reasonable level of the 200 MA or touches it/crosses it?

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