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Chart Breakout – Part 3

February 8, 2024

The bitcoin chart remains promising. The simple rule is to hold while the moving averages are climbing. The smileys make this easier than it looks because you can only put them on the chart with hindsight. They work to make you money when a share or crypto is in a strong secular uptrend. Plus I use shorter-term charts, other indicators and common sense to make investment decisions. I believe all of these are bullish for bitcoin.

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