Market Pulse: Positive Signals from Bitcoin’s Big SMAs


The recent price action in Bitcoin seems to highlight the importance of two simple moving averages (SMAs): the 50-hour SMA and the 100-hour SMA.

Click here to view the related idea and chart analysis on TradingView.

Trade in milliseconds

Explore the most actively traded options

Trade 600+ futures products on an advanced platform

Previous articleMarket Pulse: Ethereum Is Holding Levels From 3 Years Ago
Next articleMarket Pulse: Energy Hasn’t Done This Since the Pandemic
David Russell is Global Head of Market Strategy at TradeStation. Drawing on nearly two decades of experience as a financial journalist and analyst, his background includes equities, emerging markets, fixed-income and derivatives. He previously worked at Bloomberg News, CNBC and E*TRADE Financial. Russell systematically reviews countless global financial headlines and indicators in search of broad tradable trends that present opportunities repeatedly over time. Customers can expect him to keep them appraised of sector leadership, relative strength and the big stories – especially those overlooked by other commentators. He’s also a big fan of generating leverage with options to limit capital at risk.