<h1> CloudConnect Crypto Studios </h1> here to provide an early day Tuesday Bitcoin (BTCUSD) update on current market conditions, momentum, and expected support bases. Here is about a 4 month view, using moving averages to guide interpretations.  ___ As I like to say, we can see: * The ***hand of the market*** turning over in the middle of December * It's inverted transformation, seemingly having come to fullness, and * The moving averages beginning to turn back the other way: bullish. A closer look (~2 months) at the most recent crossing, and indicator of a change in momentum: ___  ___ The 1 month which shows the most recent run up since the glorious dip to right under 6k: ___  ___ I have put arrows to show the crossings, which show the changing of momentum currently. Lastly, we can see in less than 24 hours the most recent dip, shown with major support bases: ___  PEACE This is not financial advice. It was written to be educational and entertaining. Any choices you make are your own. Trade at your own risk. 
author | cloudconnect |
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permlink | bitcoin-gmt-600-tuesday-feb-20-ta-update-local-low-breaking-memo-ta |
category | bitcoin |
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<p>This post has received gratitude of 1.67 % from @appreciator thanks to: @cloudconnect.</p>
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You got a 16.66% upvote from @mercurybot courtesy of @cloudconnect!
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