šØ JUST IN: #Bitcoin Makes a Golden Cross (50D x 200D Moving Average) š
Hereās what it means:
Golden Cross Definition:
š Occurs when the 50-day moving average crosses above the 200-day moving average.
Historical Significance:
š Typically signals the start of a long-term uptrend.
Previous Golden Crosses:
š¹ 2015 ā Followed by a 6,800% rally.
š¹ 2019 ā Followed by a 150% pump in just 4 months.
š¹ 2021 ā Preceded the ATH of $69,000.
EXTREMELY BULLISH Indicator:
š„ Suggests strong momentum building for Bitcoin.
Whatās Next?
š Potential for higher highs and accelerated market activity.
š Could pave the way for altcoins to rally soon after.