No explanation required.
The only break of EMA 200 (pink) that I skipped was a 74% bottom after a long downtrend where EMA 200 was the bottom signal. We have not seen that since bitcoin was a baby.
The Yellow line is my newest toy.
I coded it myself.
Seems like the market movers use it.
Enjoy.
I think this 4 years cicle looks similar as the bullrun in 2013/2014.
My prediction is we will see a temporary top in mid 2021 at around 90k. Alts will probably go parabolic at this time. After we hit the 90k ish mark, we drop back to 45-50k area, where we will find our new bottom in the end of 2021.
At the start of 2022 we will go bullish again and we will see...