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An Effective Trend Approach for Bitcoin

02/05/2019 16:29


In the accompanying video, Haejin explains how to approaching trading Bitcoin for the long term - the moonshot as many like to call it. 

Haejin utilizes the 50 day moving average on a weekly chart using a semi-log view. When price is above the 50sma, it is a buy. 

If you take a corollary approach, roughly at the end of this year (2019) there will be a new buy signal. 

This is a very straightforward "trade the trend" approach.


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