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To get a new bull run, it is necessary to overcome the previous local highs and hold the 50 & 200 day moving averages.

The first 200 days after the halving are very important to create the accumulation area before the bull run.

In addition, the Price Momentum Oscillator may signal a new trend above the 10-point level, as the last 3 halves did.
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PMO in weekly timeframe turned GREEN !

50 & 200 Exponential Day Moving Averages still held !!

50 & 200 Day Moving Averages currently in Golden Cross !!

Bull run is coming, however, I expect a short bull trap and volatility due to the USA elections.


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