A 8th golden cross of Bitcoin before the halving - page 2.

so98nn

hero member

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Yeah, we can not deny the fact by now Bitcoin is meant to go up very soon. We are going to see a lot of surprises incoming soon as we go towards the year's end and more closer to halving the event. This is happening always, there is no turning back in terms of halving and bitcoin going upwards in its valuation.

This is why Bitcoin is meant for long-term holding only. Man, I am just having thoughts about "those" peeps who are still holding their Bitcoins from the initial days. They must be having fine dining right now and enjoying their 8th Bitcoin Hike. Wink

As usual, we gonna see lot of threads where peeps will be sad as to why they did not choose Bitcoin back in the time and even some of them still not understanding how it works and fail to HODL.

DeathAngel

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Hopefully it signals the start of a violent upwards surge but I feel like I’ve seen these golden crosses in the past which fail to materialise into a big pump. Maybe it’s just coincidental when the price does soar. I mean we are at the very beginning of a bull run now so the price is due to start going up soon any way. Regardless, I hope we start to moon soon.

EarnOnVictor

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Immediately I saw your line, I knew it was an MA line and MA is actually good for support and resistance provided they are of high periods. 50 periods is still okay, but this is the beginning of the acceptable period I know, and those of 100 and 200 MAs are also good. If all could agree on what you said, that means Bitcoin might be getting ready for your disposition. Only that your image quality is poor and might lack the necessary information as I couldn't see the timeframe you used for it.

On my chart;

Daily: 50MA+100MA+200MA = Passed

Weekly: 50MA+100MA+200MA = Passed

Monthly: 50MA+100MA+200MA = Failed (only 50MA passed).

Regardless, even with these combinations, Bitcoin is heading for the moon.

Catenaccio

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Merit: 115

[Tutorial] Golden cross VS death cross

Bitcoin chart shows a chance for the 8th golden cross of Bitcoin in its history.

I understand that a several months before a Bitcoin halving is good opportunity to buy it and speculate to get profit by holding only several months. I don't need a golden cross to buy it and hold it.

This golden cross is another confirmation of the coming big bull market for Bitcoin.

When will halving happen?
We don't know the exact date of the halving but can use estimated date.
https://www.bitcoinblockhalf.com/
176 more days and it will happen around 24 April 2024.

Topic: A 8th golden cross of Bitcoin before the halving - page 2. (Read 212 times)