The BTC rate may show the first bullish intersection of MA 100 and MA 200 on the weekly TF. This is indicated by crypto trader and blogger Mustache (127.7 thousand subscribers in X):
“$BTC is about to make the first bullish MA100/MA200 crossover in its history. 👀🔥
Moreover, it is not unusual for Bitcoin to begin its true bull market some time after the halving.
It fits perfectly, to be honest."
Let's add our own rating to knock down the extra positivity a little. We are talking about a weekly TF. And there are bearish and bullish intersections on it - a signal that is either late (like the bearish intersection in 2023) or is not processed very soon. Plus, there is not even a fact of intersection yet, just waiting.
In a word, the expectation of this “cross” or even the fact of it is clearly not the case when you need to jump into a long position “with both feet.” No one has canceled the elimination of bulls on the way to the bull run.
