I do not see this 50SMA / 200SMA cross to be bearish, as the current price is above both moving averages.
The price is also above Gaussian Channel mid-line, with channel turning to green soon (bullish on daily).
In my opinion, if we get the channel to turn bullish on the weekly we have a longer term bullish trend going.
Hope everyone has a great weekend.
Remember - Bitcoin never trades sideways for long. It is always up or down. If it's going sideways, take a look at the halving date and consider accumulation with averaging.
This is how one person could buy 10,000BTC over a week without the price going up. (which would be buying 1BTC per minute for a week straight roughly).
The price is also above Gaussian Channel mid-line, with channel turning to green soon (bullish on daily).
In my opinion, if we get the channel to turn bullish on the weekly we have a longer term bullish trend going.
Hope everyone has a great weekend.
Remember - Bitcoin never trades sideways for long. It is always up or down. If it's going sideways, take a look at the halving date and consider accumulation with averaging.
This is how one person could buy 10,000BTC over a week without the price going up. (which would be buying 1BTC per minute for a week straight roughly).