CHARLIE MUNGER ONCE SAID:
“Buy high-quality assets on the 200-week moving average and you’ll beat the S&P 500 by a large margin.”
Bitcoin’s most powerful buy signal is not some complicated indicator.
It is the 200-week moving average.
Every major Bitcoin bear market has found its bottom around this level.
2015
2016
2017
2018
2019
Bitcoin just tagged it again near $59,000.
History never guarantees the future.
But this has been one of the strongest long-term accumulation zones Bitcoin has ever offered.
Most people panic there.
Smart money usually accumulates.
“Buy high-quality assets on the 200-week moving average and you’ll beat the S&P 500 by a large margin.”
Bitcoin’s most powerful buy signal is not some complicated indicator.
It is the 200-week moving average.
Every major Bitcoin bear market has found its bottom around this level.
2015
2016
2017
2018
2019
Bitcoin just tagged it again near $59,000.
History never guarantees the future.
But this has been one of the strongest long-term accumulation zones Bitcoin has ever offered.
Most people panic there.
Smart money usually accumulates.