Looking at the bunch of bullish arguments about BTC on the timeline, it's still necessary to go back to the weekly chart based on fundamentals for clarification.
My core indicator for judging the high-level trend is just one—weekly EMA50. As long as we stay above this line, the bullish pattern remains. But since November, when we first closed below this critical level, the situation has completely reversed, and I turned bearish at that time. The reliability of this indicator lies in its simplicity and historical validation—it doesn't require complex models and can clearly tell you where the trend is.
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SmartContractWorker
· 3h ago
The weekly EMA50 breakdown is a really harsh judgment. I also fully exited my position at that point in November. Looking back now, it was a lifesaver.
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BearHugger
· 3h ago
I saw the moment when the weekly EMA50 broke down, and at that time, a bunch of people were still shouting about bottom-fishing, which is really outrageous.
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FlyingLeek
· 3h ago
The weekly EMA50 breaks below and directly reverses; I accept this logic.
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NotSatoshi
· 3h ago
I also saw the break of ema50 at that time. A bunch of people were still hyping it up then. Now it's time to eat crow, isn't it?
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PumpStrategist
· 3h ago
Weekly EMA50 broke down, and the bulls are gone. I respect this logic. Much clearer than those who keep shouting rebound all day.
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If it falls below in November, it turns bearish. Looks like I timed it right. Interesting levels.
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No doubt, simple indicators often deceive human nature the most. Those still bottom-fishing now probably haven't seen the power of this line clearly.
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The pattern is formed, and the trend reversal is so obvious. Yet, some are still bullish on the timeline... typical leek mentality.
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EMA50 sounds simple, but few can truly stick to discipline. If you've done it, that's enough.
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Is it just this line when it comes to fundamentals? I believe so, after all, complex models tend to cut more leeks.
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That wave in November was indeed a clear signal. The problem is, 99% of people didn't see it, or if they did, they didn't dare to turn around.
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Probability strategies depend on who can recognize this turning point earlier. Your judgment framework is quite clear.
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ETHmaxi_NoFilter
· 3h ago
The weekly EMA50 is indeed useful, but this consolidation has been going on for two months now. When will it actually break out?
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SmartContractPhobia
· 3h ago
The weekly EMA50 is indeed fierce; simple and effective things are often the most profitable.
Looking at the bunch of bullish arguments about BTC on the timeline, it's still necessary to go back to the weekly chart based on fundamentals for clarification.
My core indicator for judging the high-level trend is just one—weekly EMA50. As long as we stay above this line, the bullish pattern remains. But since November, when we first closed below this critical level, the situation has completely reversed, and I turned bearish at that time. The reliability of this indicator lies in its simplicity and historical validation—it doesn't require complex models and can clearly tell you where the trend is.