Bitcoin is arguably back in bull mode after correcting for the second half of 2019.
I am making the statement above based on variations of moving averages. In this case specifically I’m using Alpha Bot System’s custom indicators, but could just as easily use something like a super guppy.
You can check out my chart here:
As you can see in the chart above, we have clear long signals for the first time since the first half of 2019. We know the first half of 2019 was bullish, and it looks like we have recently entered into a new bull trend here in 2020.
A simple observation, but we can see truth in this across the board as Bitcoin shows strength and alts rally.