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RE: Bitcoin & Crypto Markets Dive Bomb | GREAT Opportunity!
Historically bitcoin has reached the 100 day moving average. Use that as a guideline!!!!!!
Historically bitcoin has reached the 100 day moving average. Use that as a guideline!!!!!!
Can you explain a bit? Does that usually indicate a bounce?
In these bubbles you want to buy on the dips when it drops to the 100-day or 200-day moving average.
Trends tend to repeat themselves. Not to say that it is a guarantee but a very likely possibility that we will see price hit the 100 day MA and bounce back as shown in the above examples, ESPECIALLY since we haven't seen a dip to that yet ever since the "crash" from 19k USD.