Bitcoin Potential Golden Cross Spotted Should We Be Expecting A Massive Bullish Rally In Few Months

The host of InvestAnswers says that the king crypto is gearing up for a bullish run in coming weeks, as it was observed that two indicators has it is said that bitcoin would possibly flash a golden cross in coming days or weeks.

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In a YouTube session was explained that the golden cross only occurs when the short term moving average rises above the long term moving average, which to me is a point one as I have been able to learn that during the session.
In the past, Bitcoin’s big rallies, big, big rallies have all started with a golden cross.

Let’s look at the golden cross… We are coming up to one probably in about six days, maybe a little bit less depending on the trajectory of Bitcoin action.
[A golden cross happens] when the green line, which is a 50-day moving average, crosses through the red one which is a 200-day moving average.

He caution towards the end of the session that not every golden cross has lead to a big rally, but to me there is no harm in being optimistic about the outcome of the crypto market.

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