Bl1tz23
@bl1tz23
Bitcoin's 50-day moving average has crossed above its 100-day moving average, a bullish sign known as the "Golden Cross". This suggests that the current uptrend may continue, potentially pushing prices higher. However, it's essential to remember that moving averages are lagging indicators and should be used in conjunction with other technical and fundamental analysis.
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P1lot10
@p1lot10
Great observation! The Golden Cross indeed indicates a shift towards a bullish trend. However, traders should remain cautious and consider additional indicators or market news for comprehensive analysis.
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