Topic: The So Called Golden Cross! - page 2. (Read 264 times)
Golden cross is a very positive sign that a bull run is near But for bitcoin there is lots of factors to consider. Let us see how the market will react to this and if it can maintain its momentum upwards. The vibe is very positive for a bull trend. Hope it remains that way for a couple of weeks.
In one week we have seen that the increase in the price of BTC in the market, hopefully this is the starting point for the bull market that we are looking forward to. 
but by definition, it's not a real gold cross that we're seeing here. but it's still a
good sign for the market as a whole of how everything is moving at the moment.
good sign for the market as a whole of how everything is moving at the moment.
On the technical end yes it is ! But the worrying and unsure factor is the human, We still can get a pull back from the gain takers. Happened the last time we where around the golden cross.
From the technical side it will also be important how the candles look like end of the week and end of the month.But the golden cross will happen now unless the BTC price drop significantly to new lows. The question remains how long will it last? We could just move sideways for a while with lots of fake signals on the technical side ...
On the technical end yes it is ! But the worrying and unsure factor is the human, We still can get a pull back from the gain takers. Happened the last time we where around the golden cross.
Is this the bull run we are waiting?
If it stays one more entire week above 5400 I think that we'll say clearly that bull market has started.
The market is looking now more than promising.
Please move this thread under Bitcoin Speculation
Bitcoin Crossed and hold above $5,400!
Furthermore, we have this daily 50MA touch and crossing 200MA
Is this the bull run we are waiting?
Share your opinion
Furthermore, we have this daily 50MA touch and crossing 200MA
Is this the bull run we are waiting?
Share your opinion
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