02-29-2020, 02:30 PM
Bitcoin Falls Below Moving Averages that Made Super-Bullish Golden Cross
Bitcoin recently made a “Golden Cross” where the 50-day moving average closed above the 200-day moving average, a positive development for traders who see it as a very bullish indicator. However, the benchmark cryptocurrency fell sharply right after forming the bullish crossover. The bitcoin-to-dollar exchange rate slipped below both the 50- and 200-DMA earlier this...
https://www.newsbtc.com/2020/02/29/bitco...cross/Kind Regards R
Bitcoin recently made a “Golden Cross” where the 50-day moving average closed above the 200-day moving average, a positive development for traders who see it as a very bullish indicator. However, the benchmark cryptocurrency fell sharply right after forming the bullish crossover. The bitcoin-to-dollar exchange rate slipped below both the 50- and 200-DMA earlier this...
https://www.newsbtc.com/2020/02/29/bitco...cross/Kind Regards R