BTCUSD: 5 day moving average and weekly VWAP both very close, could be a good bounce-off point. If the price drops through, we may see $44k and maybe a few legs down to $40k and $31k.

The bounce off the MA was real 😜

Check out our Instagram page for a roundup of this week's top stories in cryptocurrency news.

www.instagram.com/OxfordCrypto

Flash crash overnight with BTC dropping up to 6% in minutes. These rapid and unexpected moves will negatively impact trading. We apologise for any losses, highly volatile and risky trading environment at the moment. Hopefully we can recover any losses in the coming days.

First 2 weeks of Feb running Oxford Crypto Signals on our USD template.

First 2 weeks of Feb running Oxford Crypto Signals and Starter Strategy with our USD Template

First 2 weeks of Feb using Oxford Crypto Signals with our BTC template

BTC trading was disappointing with a 45% stop loss rate, but still made small profits over the 2 week period. This is due to the volatile nature of the base currency, but small profits are multiplied in the equivalent dollar value.
Also, please note I accidentally added $80 to the account that runs the signals and starter strat on usdt which makes performance look much better than it was.

A lot of red. Hopefully things pick up again 🤓

Our weekly price roundup is available on Instagram. Read our summary and a few thoughts on the week to come!

https://www.instagram.com/p/CLU5tOsAW_h

Big 5% swinging indecision candle as bitcoin hits $50k, could be very volatile. Support seems fairly strong at around $48,300 with tweezer wicks.

Big market crash occuring now. Heavy losses across the board. Trading should be paused until market stability resumes.