Topic: Bitcoin Hits A Golden Cross (Read 486 times)
It is becoming clearer that we are gradually entering a bullish market, there is usually exhaustion of sell orders after a Golden cross. Trade volume are also looking very nice and we are getting ready to test the 6000$ mark (Hopefully there wont be a pull back this time)
Great news. In fact, I'm damn glad that I did not succumb to numerous provocations by people who predicted that Bitcoin might start falling to 4000 or even lower. HODL - is the best strategy for bitcoiners at the moment. All my coins are with me and I'm just happy.
We’re certainly moving upwards now. I saw the chart detailing what’s happened previously when we’ve had Golden Crosses. If it happens again & repeats that pattern we’re in for a fun ride.
The advice I've seen a few times is to setup a trade with targets, stop loss before hand. Orders that are filled or not based on the market not your feeling at that moment. If price comes into a good area it might turn around often sentiment and movement in price indicates it will go further down. However a longer term time frame with over ride the price action on just 5 minute bars, that repeatable phenomena in the market is tradable so long as you are correct on the long term.
I was amazed on that 200 week moving average as that is so long term, I did not think anything like that was in play or notable in reaction. 200 day is definitely followed by many, its still gradually turning round - July 19th is the 200th day of the year and perhaps most relevant to framing this action is YTD chart. When we get that far most of the action will be positive and I think the 200 day average and 40 week turns upward
I dont really call it a correction unless its more then buy the dip. Usually takes some belief that its doomed despite being essentially a short term move, a china ban or whatever
I was amazed on that 200 week moving average as that is so long term, I did not think anything like that was in play or notable in reaction. 200 day is definitely followed by many, its still gradually turning round - July 19th is the 200th day of the year and perhaps most relevant to framing this action is YTD chart. When we get that far most of the action will be positive and I think the 200 day average and 40 week turns upward
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This correction should come soon
I dont really call it a correction unless its more then buy the dip. Usually takes some belief that its doomed despite being essentially a short term move, a china ban or whatever
I used to have problems with FOMOing into trades and losing money in minutes due to the price action moving against my trade, but if you ever have similar problems, just know there will always be a better entry if you just wait. Forcing a trade to happen never goes well, and more likely than not you're going to lose money if you try to force a trade to happen. Wait for a setup to come and use it to your advantage; NEVER let your temporary emotions take priority over other more important things, and don't rely on only one indicator like the golden cross with analysis.
After the price fall reaching around $5200 now there is good forward move with the price. The Golden cross is getting closer and soon we can see it getting crossed. This is the one that's been expected much by the users at present, following the event can expect a price crash before bull run which can be used for investment.
This correction should come soon, would be a good entry and perhaps a last chance to buy cheap to expect large values such as 7k or 10k
This correction should come soon, would be a good entry and perhaps a last chance to buy cheap to expect large values such as 7k or 10k
There are no last chances to buy. If it was really the 'last' time to buy at x level, it means the trend turned bullish and you can comfortably buy in higher and surf the market up. You want to be long in an uptrend and short in a downtrend. This applies to every single market. I am still short right now, but the moment I notice that the trend shifted up I'll take the loss and immediately long the market.
The same applies to the bear market last year. People thought they were too late with selling with prices hovering around $6000 but they couldn't be further from the truth. I was sucked into that crash too, but it's a valuable experience that I gained from it. Don't go against the trend.
After the price fall reaching around $5200 now there is good forward move with the price. The Golden cross is getting closer and soon we can see it getting crossed. This is the one that's been expected much by the users at present, following the event can expect a price crash before bull run which can be used for investment.
This correction should come soon, would be a good entry and perhaps a last chance to buy cheap to expect large values such as 7k or 10k
After the price fall reaching around $5200 now there is good forward move with the price. The Golden cross is getting closer and soon we can see it getting crossed. This is the one that's been expected much by the users at present, following the event can expect a price crash before bull run which can be used for investment.
This correction should come soon, would be a good entry and perhaps a last chance to buy cheap to expect large values such as 7k or 10k
After the price fall reaching around $5200 now there is good forward move with the price. The Golden cross is getting closer and soon we can see it getting crossed. This is the one that's been expected much by the users at present, following the event can expect a price crash before bull run which can be used for investment.
It seems to me that during the next few weeks nothing extraordinary will happen to Bitcoin, most likely during the month of May Bitcoin will still vary in the range from 5100 to 5600. The breakthrough will occur either in late May or early June. So far, you can try to earn on the fact that Bitcoin has small fluctuations.
At least it’s alive. We’ve seen some drastic changes in its price and though the news are cheerful I still feel somewhat concern about such dynamics.
I think is good that bitcoin already start to grow, and i think we will have a higher price for bitcoin once time passes, and also i think that a bull run is possible if not this year next year.
I completely agree with the above. Corrections appear because traders are taking profits and when the previous bear market was ending with a golden cross it was also followed by a similar event. The price even temporarily hit a death cross but came back up after a couple days. Now we've experienced an immediate pullback after the golden cross, just like the last time.
I was also sure that the price will remain at 6000 simply because there was no fundamentals pointing towards a larger drop and the bearish sentiment was very weak in August of 2018, but with BTC it only takes a group of rich people to get together and create a temporary sell wall to trigger a cascade of bots and panic sellers.
I was also sure that the price will remain at 6000 simply because there was no fundamentals pointing towards a larger drop and the bearish sentiment was very weak in August of 2018, but with BTC it only takes a group of rich people to get together and create a temporary sell wall to trigger a cascade of bots and panic sellers.
Always remember manipulation is in the market we will see first a correction before we go to the high price, Yes we already hit a Golden Cross after so many years but market is unpredictable and risky for everyone people want to see again the all time high but the current price are far away from expectation price its better to always check the chart and market price.
Correction?lol we have already done correcting in 2018 mid.today we are waiting for the pump and nothing more since we already reached the bottomcorrection is not something that ends or happens once! it always happens each time there is a rise without exception because "traders" have to sell to take their profit out otherwise they are not traders, they are investors. and as they sell the price comes down "a little" coming down to a higher level compared to the start hence it is called correction.
what we had in second half of 2018 was not a correction anymore, it was a dump or manipulation for the most part specially any price below $6k was 100% the result of manipulation.
Bitcoin hits its five-month high as surged up to the $5,500 benchmark.
Full article here: https://www.unblock.news/market/bitcoin-hits-a-golden-cross
But it drops again to $5,200 .hope we will have more golden cross this year and if does will hit $10,000 by the end yearFull article here: https://www.unblock.news/market/bitcoin-hits-a-golden-cross
Bitcoin Hits A Golden Cross
Full article here: https://www.unblock.news/market/bitcoin-hits-a-golden-cross
Full article here: https://www.unblock.news/market/bitcoin-hits-a-golden-cross
In 2015 it hit it 3 times from July to October. So where are we right now on your opinion?
Always remember manipulation is in the market we will see first a correction before we go to the high price, Yes we already hit a Golden Cross after so many years but market is unpredictable and risky for everyone people want to see again the all time high but the current price are far away from expectation price its better to always check the chart and market price.
Correction?lol we have already done correcting in 2018 mid.today we are waiting for the pump and nothing more since we already reached the bottom 
I don't know why is there so much excitement about the price. Yes, we can see some positive trends but we are still far from bull run and also don't forget that price can change very quickly. I'm not convinced that this is actually true recovery of the market so sone corrections could be expected soon.
Probably this could be a waiting game we should all play. I'm excited about the positive trend of the price yet I do think also that there is no significant proof that we'll expecting bull run in the near future. But we can't really blame the OP, speculating the price is a freedom for all of us 
. Bitcoin hits its five-month high as surged up to the $5,500 benchmark.
Full article here: https://www.unblock.news/market/bitcoin-hits-a-golden-cross
Full article here: https://www.unblock.news/market/bitcoin-hits-a-golden-cross
Golden cross and death cross are the major factor in determining the market sentiment for the next few months and Golden cross is definitely a good sign for bitcoin.
I think the price of bitcoin will steadily increase, and there are 2 months that likely to make bitcoin price increase.
1. At the end of the year 2019 which is December
2. At May 2020 which the month of the bitcoin halving happened
1. At the end of the year 2019 which is December
2. At May 2020 which the month of the bitcoin halving happened
Bitcoin movement depends upon both technical and fundamental analysis. Bitcoin price will surge when we have both strong fundamentals and technical analysis.
ncluding TD Ameritrade now offering clients the ability to trade Bitcoin futures and ETrade soon allowing its users to trade Bitcoin and Ethereum in the near future (a tweet here for more info).
This is extremely bullish, especially the ETrade part. I'm expecting a lot of investors that have tons of capital sitting on this platform to finally start trying their hands on crypto trading. So this is what some people like Tom Lee expected to see this year, financial instituions jumping into the crypto bandwagon allowing a massive influx of new capital into the market...Second half of the year can't look more bullish than this 
Bitcoin Hits A Golden Cross
Full article here: https://www.unblock.news/market/bitcoin-hits-a-golden-cross
Full article here: https://www.unblock.news/market/bitcoin-hits-a-golden-cross
In 2015 it hit it 3 times from July to October. So where are we right now on your opinion?
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