Cryptolomist

Cryptolomist

Crosses between the 200 and 500 day simple moving averages have lead to prominent trend reversals in the past. With a golden cross on the horizon, could this pattern repeat? It may even happen in time for the 11th anniversary of the release of the Bitcoin white paper on Halloween. Stay classi //C

Cryptolomist Updated 

It seems like, where we have broken through the daily MA21, we've had a bit of a rally every time before coming back down. At the moment it coincides with a prominent downtrend line. Should we break through both of these resistances, we may be in for a bit of rally to the next fib level (~6540) and subsequent fib resistance line combinations (~6750 through ~6800)....