BTC & Golden Cross for WHITEBIT: BTCUSDT by Babenski – Technische Analyze – 2023-02-07 23:07:39


What is the golden cross?
The golden cross occurs when the 50-day moving average (blue) crosses 200 days moving average (red). that it rising signals, indicating that the market may be heading towards a long-term bullish trend or a bull market”

in BTC Date usually when the golden cross happens turns into rising market in the medium term (a few exceptions occurred earlier when BTC She was subsequently dumped after news of the covid crisis).

What can we see in the diagram?
The previous two golden crosses are shown in my chart and BTC Pumped after them…the current is about to happen and retest The falling peg Local correction may also occur before proceeding The upside

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