Bitcoin Golden Cross Just Happened!steemCreated with Sketch.

in #bitcoin5 years ago (edited)


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Bitcoin has been moving! The wedge that had formed from buy and sell pressures broke this last week and a number of bullish signals have followed... all but one until now!

Bitcoin has just had a golden cross of the 10 day moving average and 50 day moving average! This is a very bullish signal and follows well with what we have watched transpire over the last week!


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Bitcoin now appears to be ready to make a push upward for several weeks... likely as ebbs and flows every increasingly moving up until there is enough sell pressure to push it back down. The question is, when Bitcoin passes $10,000 again and keeps moving up when will sellers sell? Or will they enjoy the ride up!?

Whatever they choose to do, things are looking up for BTC right now!

Keep watching the charts! 📈


Please note : this is opinion and should not be taken as financial advice.