It's likely that Bitcoin will soon see a Golden Cross occur. This happens when the 50-day simple moving average (blue) crosses the 200-day simple moving average (yellow) from below. The only way in which this cross will not occur will be if we see a substantial 10%-20% drop again.
The Golden Cross pattern usually signals the start of a new huge bullish move for Bitcoin. Let's take a look at what happened before.






As you can see, the Golden Cross occurred 6 times in the history of Bitcoin. 4/6 times we've seen a substantial move from Bitcoin after the occurrence. Be aware that it has also often happened that Bitcoin went down in the short-term after the Golden Cross.
What's also interesting to see is that the moves after the Golden Cross seem to become less intense. Be aware that we only need a +225% increase to have a $100k per BTC valuation.
Do you think we will get a big bullish move after the Golden Cross? Share your thoughts🔥.
The Golden Cross pattern usually signals the start of a new huge bullish move for Bitcoin. Let's take a look at what happened before.
As you can see, the Golden Cross occurred 6 times in the history of Bitcoin. 4/6 times we've seen a substantial move from Bitcoin after the occurrence. Be aware that it has also often happened that Bitcoin went down in the short-term after the Golden Cross.
What's also interesting to see is that the moves after the Golden Cross seem to become less intense. Be aware that we only need a +225% increase to have a $100k per BTC valuation.
Do you think we will get a big bullish move after the Golden Cross? Share your thoughts🔥.
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Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.
🎯Official Channel: t.me/FieryTradingChannel
📈Try my Premium Signals for FREE - 80% Win-Rate: t.me/FT_Futures_free
✅Monster Signals: t.me/monster_cryptosignals
🔥Premium Signals: fierytrading.com
📈Try my Premium Signals for FREE - 80% Win-Rate: t.me/FT_Futures_free
✅Monster Signals: t.me/monster_cryptosignals
🔥Premium Signals: fierytrading.com
İlgili yayınlar
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.