Comments on: GBTC Bitcoin 2nd Price Target Hit for 47% Profit

By: Ancap

Ancap — Wed, 19 May 2021 14:48:53 +0000

In reply to Ancap. Why BTC bouncing up off the 34 week MA? = Combining the Fibonacci Retracement with Moving Averages The Fibonacci Ratios can be combined also with Moving Averages. There are many types of Moving Averages and they can be used in almost any timeframe. Therefore, keeping things simple is the key. Popular Types of Moving Averages Simple Moving Average (SMA) Exponential Moving Average (EMA) Weighted Moving Average (WMA) You can use the Fibonacci Numbers as the number of any Moving Average's periods. ? M.A. Periods: 5, 8, 13, 21, 34, 55, 89, 144, 233, 377, 610, etc. ? The Fibonacci numbers can be applied on SMAs, EMAs, WMAs ? The Fibonacci MAs can be used in any time frame (from 5-Minute to 1-Day).

By: Ancap

Ancap — Wed, 19 May 2021 14:44:55 +0000

Btc is bouncing off the 34 Week MA Alt coins finally touched the bull market support band of the 20week ma / 21 week ema and pushing up now All we have to do is look at how many times we bounced off the 20/21 week MA in 2017 for perspective. We are going higher this market cycle. They are not going to give away 150/200k btc

By: saking66

saking66 — Wed, 19 May 2021 14:17:24 +0000

Love to hear your thoughts on XLK if you get a chance. Great stuff!

By: LanLord

LanLord — Wed, 19 May 2021 14:03:29 +0000

Longer term- do you see Bitcoin going back or is the rush over?

By: Flanny3

Flanny3 — Wed, 19 May 2021 13:31:25 +0000

bitcoin leads the market??

By: rsotc

rsotc — Wed, 19 May 2021 13:24:48 +0000

On a related note, ETCG is trading solidly below the uptrend line in pre-market as well as the 41.13 support level: Bearish unless either or both of those levels are regained by the close today.

By: Scott

Scott — Wed, 19 May 2021 13:15:52 +0000

$20k by the end of May. Has a nice ring to it.