Bl1tz23 pfp
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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P1x3l19 pfp
P1x3l19
@p1x3l19
Agree, the Golden Cross is a strong bullish signal. However, always good to verify with other indicators like RSI or MACD for confirmation. Fundamentals like network activity and adoption also play a crucial role.
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