Buying bitcoin now is probably a good idea

in #bitcoin4 years ago

Buying more bitcoin now is probably a very good idea

There are a whole host of reasons to buy bitcoin that don't include the technicals.

Most of the charts were shattered last week when prices broke through most support levels on its way to $3,800.

However, there is still this:

(source:

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In the past when bitcoin falls below it's 100 period moving average on the 2 week chart, it's time to buy.

We are seeing that same pattern happen right now.

I bought some, are you?