Short Term & Long Term Bitcoin Price Period of MA(Moving Average)
A trader can pick to regulate the bitcoin rate durations used in calculating the shifting average.
If a trader employs short bitcoin price intervals, the Moving Average will respond more swiftly to fluctuations in bitcoin prices.
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 MA might result in the indicator giving false btcusd signals (whipsaws).

7 Day Moving Average(MA) - Moving Average Bitcoin Methods
If another trader uses longer chart periods, then the Moving Average will react to bitcoin price changes much slower.
For instance, if a trader implements a 14-period Moving Average, this average will exhibit less susceptibility to rapid fluctuations (whipsaws) but will respond to price changes more sluggishly.

14-Day Moving Average - Example of a Bitcoin Strategy Utilizing Moving Averages

21 Day Moving Average - Moving Average Bitcoin Strategies Example
Study More Lessons and Tutorials & Topics:
- How Can You Set On Balance Volume BTCUSD Technical Indicator on Trading Chart in MT4 Software Platform?
- How Do I Use Fib Pullback Levels in MetaTrader 5 Software?
- How Can You Display BTC USD Instruments in MT4 Tutorial?
- Exit BTC USD Signals & Setting Stop Loss BTC USD Order Levels
- Chandes QStick BTC/USD Indicator Trading Analysis in BTCUSD Crypto Currency Trading
- Different Types of Bitcoin Trade Accounts Described
