Bitcoin Price Still Has Potential to Dive to $5,500, Yet Macro Uptrend Still Intact

2019-12-15 09:18

Last week, the one-week Bitcoin chart printed an extremely bullish sign: the golden cross of the 50-week and 100-week simple moving averages, with the former crossing above the latter. (As an aside, a golden cross is when a short-term moving average crosses over a long-term one to imply bulls have control.

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Last Weekly Golden Cross Led Bitcoin to Rally 75% Rapidly; Will the Same Happen Now?

If you’ve been on Crypto Twitter at all over the past few months, you’ve likely noticed the phrase “Bitcoin golden cross” tossed around incessantly. The reason, the leading cryptocurrency’s weekly chart is on the verge of printing what is known as a “golden cross,” when a short-term moving average crosses over a long-term one to.

2019-12-9 03:00


Survey Says Sell? Just 43% Believe ‘Golden Cross’ is Bullish for Bitcoin Price

By CCN: Not everyone is convinced that Bitcoin’s highly-touted “golden cross” is a bullish signal for the world’s largest cryptocurrency. Almost 25% of Crypto Investors Believe Golden Cross is Bearish for Bitcoin According to a Twitter survey conducted by crypto bull Thomas Lee, 24% of Crypto Twitter inhabitants believe that the signal, which typically hints at a bull run ahead, is a trap and that it is time to unload some Bitcoin.

2019-4-26 18:37


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Ethereum forming bullish technical indicators

After a 2x upward movement in price, Ethereum (ETH), the world’s biggest smart-contract blockchain, has formed its first bullish golden cross since Feb. 19, 2017. Understanding the Moving Averages Prior to diving into a price analysis of the second largest cryptocurrency in terms of market cap, some of the technical terms used in this study […] The post Ethereum forming bullish technical indicators appeared first on CryptoSlate.

2019-4-25 03:11


Bitcoin Golden Cross forms—beginning of the bull market?

The crypto winter might be over. Bitcoin (BTC), the pioneer cryptocurrency, has formed its first golden cross since Oct. 27, 2015, marking a pivot point for the entire market. Explaining the Terms Before going into details, it is necessary to explain the three primary indicators in this analysis: the moving average, golden cross, and death […] The post Bitcoin Golden Cross forms—beginning of the bull market? appeared first on CryptoSlate.

2019-4-24 07:28