When in doubt, zoom out.
Bitcoin hasn't tested the 21 weekly EMA after breaking above it earlier this year. Maybe it's time.
Notice that everytime the 21 EMA got tested, it happend right after a peak on the RSI? And notice how bitcoin recently made a peak on the RSI again?
I think it's safe to say we're in a bull market as long as we stay above this EMA, and there's no reason to worry.
Bitcoin hasn't tested the 21 weekly EMA after breaking above it earlier this year. Maybe it's time.
Notice that everytime the 21 EMA got tested, it happend right after a peak on the RSI? And notice how bitcoin recently made a peak on the RSI again?
I think it's safe to say we're in a bull market as long as we stay above this EMA, and there's no reason to worry.
