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Topic: Bitcoin Hits A Golden Cross - page 2. (Read 474 times)

sr. member
Activity: 924
Merit: 260
April 27, 2019, 02:36:04 AM
#28
The trend is that price will rise with the announcement of halving, but not just for him but a general recovery of the market.
I am not understand!  Is halving a man?  Bitcoin has not even started to react to halving yet because there is no need for that and the current recovering the cryptocurrencies market is experiencing right now.  I think we are going to see more bullish trend as positive events are happening.
sr. member
Activity: 1078
Merit: 256
April 27, 2019, 02:07:10 AM
#27
People who know the graphics and indicators have been watching the golden cross for some time. And when that last worked exactly, Bitcoin walked to 20K.

But before he reached his highs, he corrected more than 50%. So you have to be careful with this case. This market is young and very many risks in it.


Precisely this correction we have already passed will not be resumed.  We will go direct with a fast growth, but with few corrections and organic

  The market was driven by high volatility which is totally change on its own. Somehow, bull trend has started to break the barrier after suffering the long months of bearishness and the current phase has shown a good sign to witness a gradual pump of market. Hopefully it will arise and exceed the desirable peak.
In a little way, the rise created impact and attract investors making it move little by little, and with that spectators are now coming and trying
to sort the trade and place buy entry position, is good to see that the movement right now still positive even we are experiencing some reversal
or corrections if that is might be, but the stand ground still good for this current positioning.
sr. member
Activity: 1484
Merit: 253
April 27, 2019, 01:48:57 AM
#26
People who know the graphics and indicators have been watching the golden cross for some time. And when that last worked exactly, Bitcoin walked to 20K.

But before he reached his highs, he corrected more than 50%. So you have to be careful with this case. This market is young and very many risks in it.


Precisely this correction we have already passed will not be resumed.  We will go direct with a fast growth, but with few corrections and organic

  The market was driven by high volatility which is totally change on its own. Somehow, bull trend has started to break the barrier after suffering the long months of bearishness and the current phase has shown a good sign to witness a gradual pump of market. Hopefully it will arise and exceed the desirable peak.
full member
Activity: 1232
Merit: 186
April 26, 2019, 09:58:11 PM
#25
Quote
On the mid-morning of 23 April 2019, the 50-day moving average at $4,489 while the 200-day moving average was at $4,478 as stated in the bullish indicator reading.
Ahh, so this is called the golden cross, now I know. A 50-day equalizing a 200-day moving average? That was so impressive because it means that btc growth is now 4x faster Shocked.

Actually, I haven't take a look in the market these past few days and now it surprised me a lot knowing that btc's price is now stable (at least for now) in the $5.5K mark. That was good for us because not only of the uptrend itself but also because it brings hope for every crypto investors and aspiring ones. I can feel the positivity in the air, I hope this continues, I'm not yet concluding that it is a bull run but I'm now more looking forward into it Smiley.
hero member
Activity: 1316
Merit: 407
Top Crypto Casino
April 26, 2019, 08:42:58 PM
#24
People who know the graphics and indicators have been watching the golden cross for some time. And when that last worked exactly, Bitcoin walked to 20K.

But before he reached his highs, he corrected more than 50%. So you have to be careful with this case. This market is young and very many risks in it.


Precisely this correction we have already passed will not be resumed.  We will go direct with a fast growth, but with few corrections and organic
legendary
Activity: 1624
Merit: 1130
Bitcoin FTW!
April 26, 2019, 08:07:53 PM
#23
On the other hand, there does seem to be at least some bullish news coming out that's obviously overshadowed by the entire Tether debacle right now, including 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). Things could be much worse than they are now though, and prices still haven't fallen below $5000 USD for the time being. We've seemingly found some support near the $5000s but more bad news on the side of Tether and other things could definitely start another leg down.
sr. member
Activity: 2828
Merit: 344
win lambo...
April 26, 2019, 06:15:15 PM
#22
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.
As we are expecting to have another  ATH this year but it takes a while to make it.  We are in 5 months continuous rising but it is not enough to have a big jump as 2017 did.  I don't see any market manipulations or even hypes around causing these flows, it is purely a market demand bringing up into having an uptrend motion.
legendary
Activity: 3052
Merit: 1273
April 26, 2019, 05:49:04 PM
#21
It isn't all just pegged to the kind of optimism that you expect around crypto when everything looks just so recovering, because as it hit that 5-months high, the Tether issue showed up which created an environment of FUD and made BTC to drop almost 6% in just a few minutes. The thing is, BTC still looks to be in a very critical condition and until it doesn't cross $6300, it's not good enough to expect to long over this beast because a breakout under $5k will definitely throw it towards $4800 - 4500 areas. There's one more news coming from India too that they're probably going to ban usage of cryptocurrencies here completely (which I think that 99.9% is a lie) and this also created too much stress in the markets because India is a very big economy and has got many more countries following it, so I believe that an outright ban here could result in having those following countries getting involved in either banning or reframing their regulations towards crypto.
member
Activity: 476
Merit: 12
April 26, 2019, 05:29:49 PM
#20
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.
hero member
Activity: 924
Merit: 502
April 26, 2019, 04:19:04 PM
#19
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

Maybe the scenario kepts happening again this year as it was likely to develop more new uplifting price gains. We might observe price to decline a little bit, and then suddenly spike to some surges which triggers bullish price. Although it seems we still experience the bearish trend, but I'm still confident that this was just a minor price fluctuation glitches. It won't go under $5k and just have stabilized price on that range.
full member
Activity: 1470
Merit: 148
April 26, 2019, 11:10:37 AM
#18
People who know the graphics and indicators have been watching the golden cross for some time. And when that last worked exactly, Bitcoin walked to 20K.

But before he reached his highs, he corrected more than 50%. So you have to be careful with this case. This market is young and very many risks in it.

Yes he "corrected more than 50%", the market is still very much young and investors should be aware of the risk involved, when market recovery is on. Recent fluctuations from the market has made me realized that, care should be forward to avoid mislead that will end in lose.
full member
Activity: 952
Merit: 104
April 26, 2019, 11:01:21 AM
#17
Yeah but i expect series of market corrections. Although this is a major indicator that we are indeed in a bull market. Hopefully it will continue.


Gladly to seen this news for bitcoin "well" hold just keep the faith hope this positive movement of bitcoin in the market will give good sign for the next bull run and hope start to full uprise in month of july upto august but nobody can know the exact predictoin when ath comes.(patience)🙂🙂🙂
legendary
Activity: 3542
Merit: 1352
Cashback 15%
April 26, 2019, 10:46:46 AM
#16
Hopefully will have a retrace and I can put my money into bitcoin and make it rally.

Already had one earlier this day after something happened in some of the exchanges which triggered a massive selling spree. We are also due for a correction after enjoying a couple of weeks gains, and perhaps that is what happened too, earlier.

I have always doubted TA signals such as this golden cross, and guess my doubts weren't left unanswered as it proves that no matter how positive the sign is, the market could still go either way. Good thing thought that the selling spree halted immediately after bringing us to $5100.
newbie
Activity: 17
Merit: 1
April 26, 2019, 05:46:02 AM
#15
Hopefully will have a retrace and I can put my money into bitcoin and make it rally.
full member
Activity: 539
Merit: 100
April 26, 2019, 05:26:31 AM
#14
People who know the graphics and indicators have been watching the golden cross for some time. And when that last worked exactly, Bitcoin walked to 20K.

But before he reached his highs, he corrected more than 50%. So you have to be careful with this case. This market is young and very many risks in it.
sr. member
Activity: 1568
Merit: 321
★777Coin.com★ Fun BTC Casino!
April 26, 2019, 05:09:20 AM
#13
People who know the graphics and indicators have been watching the golden cross for some time. And when that last worked exactly, Bitcoin walked to 20K.
sr. member
Activity: 854
Merit: 281
April 26, 2019, 04:12:52 AM
#12
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

Yes, the golden cross is a very propitious sign, as bitcoin has had bull markets following each golden cross. However, after previous golden crosses there has been turmoil shortly after, so what bitcoin does in the near term is up for grabs. From a macro perspective, it confirms we have entered a bull market.
sr. member
Activity: 1596
Merit: 335
April 26, 2019, 04:07:47 AM
#11
I am not putting too much expectation on  the market and price speculation. The market recovery from the last bloody market is already a big step for crypto. Let's just all be patient, I am sure the next halving will give a positive effect to the whole market. Accumulate as much as you can while everything is cheap.
member
Activity: 845
Merit: 52
April 26, 2019, 03:59:57 AM
#10
The price is currently down now and could take off any moment, but friend, you always direct us to your blog, as your username carries your blog link. Why don't you always give a clear details without always referring us to your blog. Am not against your website, maybe it can be limited. Thanks.
hero member
Activity: 3178
Merit: 977
www.Crypto.Games: Multiple coins, multiple games
April 26, 2019, 03:00:14 AM
#9
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.
I agree. The price just dove under the $5k mark and rose back up to $5.2k mark a bit earlier thanks to the Tether and Bitfenix suit which shows how volatile this market truly is.

People need to control their emotions if they wish to trade in such a volatile market.
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