I need some HELP! BTC 30 Week SMA crossing under 92 Week SMA

Long

Bitcoin Liquid Index (BNC:BLX)

Updated

BNC:BLX Bitcoin Liquid Index

Chart Patterns

chartpattern

Since my IQ is only 0, I need help understanding what happens when Bitcoin's 30 Week Simple Moving Average crosses under the 02 Week Simple Moving Average. It does this over and over historically, but I can't seem to figure out why it's so important...

Can you help?

Comment:

Meant to say "crosses under the 92 Week SMA"

Related Ideas

about BTCUSD 8

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.