Bitcoin
Updated

$BTC Golden Cross - Daily Timeframe

207
Upcoming BTC Golden Cross on the Daily Timeframe .

200MA
50MA

Never seen one of these play out. Just making notes about things I'm seeing for self development.

Price bounce between resistance and supports until reaching end of Triangle like shape.
Candles getting closer to SAR , incoming Trend Reversal?

BTC
Note
BITFINEX chart wasn't the best choice, price higher due to Tether.

Price recovered well after Tether news, resistance flipped into support.
Trade closed: target reached
BTC has more then doubled since the Golden Cross.

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.