Last week, we mentioned a “golden cross”, when the 50-day moving price average crosses over the 200-day moving average, signaling a possible price boost.
Then, Bitcoin suddenly dropped over $700 over the weekend. But luckily…
The golden cross is back.
In fact, according to analyst Keith Wareing, “Last time this happened, Bitcoin pumped 170% in under 60 days.”
That means a possible rally to $26,000 before May’s halvening, which could pump the price even further.
Here’s to hoping a price boost is in store. Login to view your account.
Source: https://bitcoinira.com/articles/the-golden-cross-is-back