My Actifit Report Card: November 5 2018
The above monthly chart for BTC/USD tells a completely different story. If the price of Bitcoin (BTC) falls and closes below the 21 Month EMA, it is going to completely invalidate any bullish case. If that happens, we will see the price enter another correction in the months ahead. Interestingly enough, the 21 Month EMA coincides with Bitcoin (BTC)’s long term trend line. So, to most Bitcoin (BTC) bulls it is unlikely for this level to be broken in the first place. However, even if it does get broken, entering a short position is going to be extremely risky and the best strategy would be to wait for a trend reversal.
Congrats on providing Proof of Activity via your Actifit report!
You have accordingly been rewarded 16.25 AFIT tokens for your effort in reaching 6090 activity, as well as your user rank and report quality!
You also received an 1.72% upvote via @actifit account.
Actifit reward structure has changed recently, and the new rewards and upvotes are based on your:
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