Short Term & Long Term Bitcoin Price Period of MA(Moving Average)
A trader can choose to adjust the bitcoin price periods used in calculating the moving average.
If a trader uses short bitcoin price periods then the Moving Average will react faster to the changes in bitcoin price.
For illustration if a trader uses the 7 day bitcoin trading moving average then, the moving average indicator will react to the bitcoin price change much faster than a 14 day or 21 day bitcoin trading Moving Average would. However, using short time price periods to calculate the Moving Average might result in the indicator giving false btcusd signals (whipsaws).
7 Day Moving Average - Moving Average Bitcoin Methods
If another trader uses longer chart time periods then Moving Average will react to bitcoin price changes much slower.
For example illustration, if a trader uses the 14 day Moving Average then average will be less prone to whipsaws but it'll react much slower.
14 Day Moving Average - Moving Average Bitcoin Strategy Example
21 Day Moving Average - Moving Average Bitcoin Strategies Example
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