Perfect text book entry for BTC at 200 moving average 40k entry

Price has been on the steady decline over the past few weeks totalling a 40% drop in BTC price since the highs. We have entered a long position at 40k with a mid-long term hold

Looking to scale out position at 80k then 100k and with a longer term goal of around 250K+

we like to keep trading simple so we have been waiting for price to come down to the 200MA and we believe this has presented a fantastic buy entry at 40k.

Happy trading
The Arbtrader