The Golden Cross | Bullish Indicator for BTC 24th April 2019

in bitcoin •  6 years ago 

If Bitcoins direction stays relatively consistent,
we will see "#The #Golden #Cross" occur on April 24th 2019.

The Golden Cross occurs when the 50-day moving average surpasses the 200-day moving average. This is historically a very #bullish indicator.
The last time #Bitcoin had a #Golden #Cross was back in 2015, a catalyst that kicked off the 2016-2017 bull run.

However, it is notable, that fakeouts do also occur, as seen below.

Posted using Partiko Android

bitcoin goldencross bullish btc crypto partiko
6 years ago by

Downvoting a post can decrease pending rewards and make it less visible. Common reasons:

  • Disagreement on rewards
  • Fraud or plagiarism
  • Hate speech or trolling
  • Miscategorized content or spam

Submit
$0.00
    1 vote
    1
    Authors get paid when people like you upvote their post.
    If you enjoyed what you read here, create your account today and start earning FREE STEEM!
    Sort Order:  
  • Trending
    • [-]
      ·  6 years ago 

    Thank you so much for being an awesome Partiko user! You have received a 0.33% upvote from us for your 75 Partiko Points! Together, let's change the world!

    Downvoting a post can decrease pending rewards and make it less visible. Common reasons:

    • Disagreement on rewards
    • Fraud or plagiarism
    • Hate speech or trolling
    • Miscategorized content or spam

    Submit
    $0.00
      1 vote