08-10-2021, 06:29 AM
Bitcoin golden cross is coming in less than 10 days. Get ready for mother of all bul
<!-- SC_OFF --><div class="md"><p>On June 19, Bitcoin made a death cross which is the 50 day short term moving average crossing below 200 day long term moving average.</p> <p>On July 25, the price started trending up and crossed above 50 day moving average and today it crossed the 200 day moving average as well.</p> <p>The 50 day moving average has started trending back up. If price keeps rising at this rate then it will cross back above 200 day average. This is called a golden cross and it could be happen in 1 week to 10 days time.</p> <p>Golden cross is one of the strongest signs of a new bull cycle. When it happens so soon after death cross, it shows the bulls were just taking a little break and now they're back in business.</p> <p>A face melting pump is on the way. It will make 2013 and 2017 bull cycles seem like nothing.</p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/KAX1107"> /u/KAX1107 </a> <br/> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/p0zdgu/bitcoin_golden_cross_is_coming_in_less_than_10/">[link]</a></span> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/p0zdgu/bitcoin_golden_cross_is_coming_in_less_than_10/">[comments]</a></span>Kind Regards R
<!-- SC_OFF --><div class="md"><p>On June 19, Bitcoin made a death cross which is the 50 day short term moving average crossing below 200 day long term moving average.</p> <p>On July 25, the price started trending up and crossed above 50 day moving average and today it crossed the 200 day moving average as well.</p> <p>The 50 day moving average has started trending back up. If price keeps rising at this rate then it will cross back above 200 day average. This is called a golden cross and it could be happen in 1 week to 10 days time.</p> <p>Golden cross is one of the strongest signs of a new bull cycle. When it happens so soon after death cross, it shows the bulls were just taking a little break and now they're back in business.</p> <p>A face melting pump is on the way. It will make 2013 and 2017 bull cycles seem like nothing.</p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/KAX1107"> /u/KAX1107 </a> <br/> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/p0zdgu/bitcoin_golden_cross_is_coming_in_less_than_10/">[link]</a></span> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/p0zdgu/bitcoin_golden_cross_is_coming_in_less_than_10/">[comments]</a></span>Kind Regards R
