BTC Golden Cross Close To Be Happened Today Which Could Lead to New ATH, When Will Its New ATH Happen?
The **golden cross** is a bullish signal in technical analysis, indicating a potential upward trend in the price of an asset. It occurs when a short-term moving average (like the 50-day MA) crosses above a long-term moving average (like the 200-day MA). This crossover suggests that the asset's price is gaining momentum and may continue to rise.
Traders often view the golden cross as a sign of a strong market and use it to make buy decisions. It's the opposite of the death cross, which signals a potential downward trend.
Will it hard correction first and then pumping hard or start from today it will stay in Uptrend till the next cross death? How do you think?.
#writetoearn #BTC☀ #crypto2024
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