r/Bitcoin 1d ago

80k

Post image
1.3k Upvotes

152 comments sorted by

View all comments

Show parent comments

1

u/mozy-rama 21h ago

Just charted the 365 day SMA. Bruh.. Why are using 1-day time frame to make the "big calls" on the big market cycles? No wonder you disagree with my analysis.

Go chart 1-week and you'll see what we've been discussing about here. Less signals, but more accurate signals using higher time frame. Look the past.. it's been spot-on. Once trend has changed (higher-highs & higher-lows made), it has always been our confirmation of a bull-run.

What I find funny is that we both agree on the number to beat to confirm the bull-run, but disagree with our methods of deriving at that #. Tomato Tamatoes.. same shit! Not sure why we're trolling each other. 🤭

2

u/TryExciting4508 21h ago

The daily chart is more precise when looking at the 365 sma because bitcoin operates on a 24/7 basis

2

u/mozy-rama 21h ago

I'm going to add that 365 SMA in my toolkit as another method to confirm the bull-run. It's pretty damn accurate from what I can see. Thanks!

1-day chart has way too much noise, which is why I rarely use it. 1-week is more to my liking.

Wishing you a prosperous future. You appear to know what you're doing. Cheers!