This is the first time it's reached the 200 DMA since March 25, 2017 where it dipped to $895. Before that, it went below the 200 DMA on 8/2/2015 to $470.
This is the real test in terms of chart plays. Could bounce here or we could be entering a bear market.
Hi, your graph shows 200 DMA = 8900, however in another analysis it is stated that it is much lower at 7700
please check it and confirm if you are correct.
thanks!
WOLFGEIST
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@bitcoingambler, My chart is based on BitStamp trading prices, yours is on Bittrex. It's never going to be exact, the important point is that it continues to hold in that general area.
please check it and confirm if you are correct.
thanks!