This tends to work...
Buy Bitcoin on these triggers and make money
Historically, if you followed these triggers, you'd have done very well.
What triggers am I talking about you may be wondering?!
If you buy when bitcoin falls below the 200 period moving average and when the RSI is in the oversold range, you'd have done very well.
Check it out:
(Source: https://twitter.com/StockmoneyL/status/1580816167442055169/photo/1)
This is a 3D chart by the way.
No guarantees that this repeats, but you can't deny the results and we are currently seeing the same setup right now.
Do you buy or wait for lower?
I've been nibble on stuff for a while around these levels.
Everything works until it doesn't, keep that in mind as well.
Upvoted! Thank you for supporting witness @jswit.
Wait for lower.
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