ARKBTC getting squeezed by Moving Averages?!

Hey guys, this could be sth. Historically, passing the MAs (especially the 100 MA) resulted in great growth (check pink circles). 7MA already passed the 25MA . Lets see where this takes us. I also applied Fib Retracement of last cycle, so choose entry - and exit points by yourself :)
Keep in mind that this is the daily chart.
Have a good one.