N0V1ceTrader

Possible 4hr Golden Cross imminent?

BITSTAMP:BTCUSD   Bitcoin
During this bullrun for BTC the last time the 50 MA crossed the 200 MA the price moved up for the next 60+ days for an approx. 72% increase in price. Past performance is not always a clear indicator for what could happen but hypothetically if the 200ma crosses the 50ma, which appears could happen in the next day or two if price continues moving sideways or upwards, we could see another two month bull run with a price target up at around 95k (approx. 70% increase) USD.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.