Published: April 20, 2023
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1/ What if you traded crypto only based on what Bitcoin does? What if you bought when the daily close closed above the 50-day moving average? And close trades when Bitcoin closes below that average?
2/ Bitcoin currently has almost 50% market share. Everyone is watching its price. Everyone is waiting for the next bullrun. And all altcoins are following it.
3/ What are the results of this simple strategy on Ethereum since October 2017? 4,400% or 44X. Ethereum holding made an appreciation of 480% or 5X. This is what the power of a simple contextual filter on the flagship coin looks like.
