Bitcoin Above 200 Day SMA + Golden Cross Imminent?
Well, well, well, the moment we've been waiting for. Bitcoin is above the 200 Day Simple Moving Average and it looks as though we may get a golden cross (50MA crosses 200MA) within a month if prices stay up. In this chart I used the line tool to extrapolate the MA trends and they cross within a month, give or take. Could be 3 weeks, could be 5. We'll just have to see. But it looks imminent and that's what matters.
Along with all of the other bullish signs in the chart this is very good news for people that like the price of Bitcoin to go up.
I hope this helps you along your own journey. It's not financial or investment advice, just my ideas on the market.
Peace, Love, & Crypto,
B166er
Along with all of the other bullish signs in the chart this is very good news for people that like the price of Bitcoin to go up.
I hope this helps you along your own journey. It's not financial or investment advice, just my ideas on the market.
Peace, Love, & Crypto,
B166er
"You didn't come here to make a choice, you've already made it. You're here to try to understand why you made it."
―The Oracle
―The Oracle
