Bitcoin (BTC) is on the verge of a major bullish signal, called the Golden Cross, in the daily period, which is taken very seriously by the financial markets.
Bitcoin in daily period Golden Cross Many investors trading in financial markets, called often one that uses rise of the signal on the verge of exists. of a being 50 daily average price 200 Golden Cross, the name given to the movement created by cutting the daily price average upwards, is popularized by financial market actors. in view It is among the bullish signals that should be kept.
As of the calculation of the Golden Cross, in the last 50 days, compared to 200 days, investor behavior has changed means. Compared to other strategies longer from market FUDs according to other signals because it is based on a period less affected.
What happened in Bitcoin in the last 30 days? 40% value increase 50 daily average price aggressive The difference between the 200-day price average and the 50-day price average fast closing analysts, Golden Cross infallible a signal is not It also warns investors.
On the other hand, in the history of Bitcoin, in total in the daily period 8 times the resulting Golden Cross signal only 3 of them One of the highlights was that it turned into a long-term rally. Other 5 signals, confirmed when returning to a bull trap or a fairly short bullish move 3 signals, From 180% to 7000% showing close ups to big rallies transformed.
