Global Feed Post Login
Replying to Avatar Clicktivism

Exciting News for Bitcoin! πŸš€

For the first time ever, Bitcoin is forming a weekly golden cross! This significant technical pattern happens when the 100-week moving average (MA) crosses above the 200-week moving average. In traditional markets, such crossovers are typically seen as a strong bullish signal, often indicating the potential for a major upward price movement.

Could this be a sign of a new bull run for Bitcoin? Only time will tell, but this crossover adds an interesting layer of optimism. Keep an eye on the charts!

#bitcoin #charts #bulls #bears

Avatar
Thomas 1y ago

Cannot believe this is the first time ever. But maybe because you have these longterm MAs. 100 weeks is 2 years, 200 weeks almost 4 years. #Bitcoin is just 15 years old.

For me it’s bullish πŸš€

Reply to this note

Please Login to reply.

Discussion

Avatar
Clicktivism 1y ago

Take what we can get in this current market! I'm stacking sats! Good luck out there Thomas πŸš€

Thread collapsed