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Bitcoin 50 Week Moving Average Held After a 5.8% Drop

Crypto Blood | Bloodalytics Short 4 days ago

Description

Bitcoin held its 50-week moving average after a brutal selloff, and Crypto Blood works through whether that makes it the floor. The video covers a book that is 59% long across 14 open positions, a Bitcoin short that has run out of steam, and why the 50-week chart may not look as bad as it seems.

0:00 Intro
0:27 Building the base? 59% long
2:34 Bitcoin short exhausted
3:13 Automated stop losses
3:48 Is the 50-week the floor?
4:30 Bitcoin vs 50-week average

#Bitcoin #BTC #Crypto #Trading