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RE: BTC - History doesn't repeat exactly, but it often rhymes by mtl1979

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· @mtl1979 ·
I did say we are getting close to EMA40 and the EMA trend is clearly upward... So maybe 4 more weeks and then we see some refreshing values...
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@jrcornel ·
Could be even sooner...
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@mtl1979 ·
Yes... That's why I said maybe... It only requires lowest finished trade price to touch EMA40, not the monthly closing or average price. Weekly charts have already touched EMA40, but that's just because weekly EMA doesn't smooth out all the ups and downs.
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@jrcornel ·
And of course if price heads up, it will pull those moving averages up, which will make it look like they touched them when we go back and look at them. ;)
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