Bitcoin has been bearish in 2014 and most of 2015 so far.However, since the end of April, it has turned bullish. Let’s work ourselves up from the 1H chart and examine the reversal. (click to enlarge; courtesy of tradingview.com) The 1H chart shows a market that is choppy but bullish. We can tell its choppy because the moving averages are crisscrossing, although the are now in bullish alignment and are sloping up. Price crossed […]
