ATTENTION: This indicator shows that Bitcoin will rise!
ATTENTION: This indicator shows that Bitcoin will rise!
ATTENTION: This indicator shows that Bitcoin will rise!

By bitcoindelight | bitcoindelight | 18 Feb 2020


There are only a few indicators that are highly valued by every analyst. I have seen a lot of people talking about the Golden Cross. Guess what, it just happened.

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We are talking about a Golden Cross when the 50-day moving average crosses the 200-day moving average. For technical analysts, this is a very bullish sign. The last time we have seen this Golden Cross was in April 2019. Bitcoin climbed over 150% after we observed the Golden Cross back in 2019 within eight weeks. 

 

Will history repeat? I think chances are good that we will easily get back over 10k pretty soon and might reach 12k before the halvening.

 

Photo by Austin Distel on Unsplash

 



bitcoindelight
bitcoindelight

I started mining and trading in 2017, participated in airdrops, hardforks, and ICOs. I spent much time making myself familiar with technical analysis. I like to make people aware of things I am currently doing in the crypto space, projects I am currently spending time on.

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